Glossary of Key Purchasing and Supply Terms Term of the Day:
FAIR MARKET VALUE
The value of an item as determined by negotiation between purchasers and suppliers, which is acceptable as a basis for a purchase and sale.
The National Association of Purchasing Management has become the Institute for Supply Management™. Please be aware that NAPM.org is now ISM.ws.
Company:
AT Kearney
Description:
A.T. Kearney (www.atkearney.com) is one of the world's largest management consulting firms. With a global presence of nearly 60 offices in 35 countries, A.T. Kearney provides strategy, operations, organization and technology consulting services to the world's leading companies.
AT. Kearney helps clients — from Global 1000 companies to corporate ventures — employ technology to gain a competitive advantage in the digital economy. We work with clients to align technology with business strategies and help executives bring their business models online. Our deep operations expertise has made us a leader in e-procurement and Web-enabled supply chain integration.
Together with our parent company, EDS, we provide strategy and implementation for clients to help them manage the business and technology complexities of the digital economy to deliver far-reaching results.
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