Purchasing service level:
"Is a measure applied to assess the performance of the Purchasing function, i.e. in terms of on-time delivery, purchase-part quality, cost etc. "

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Definitions of terms related to Purchasing service level:

• Acceptable quality level
• application service provider (ASP)
• Base inventory level
• Customer service level
• Low level code
• Order up to level
• professional services automation (PSA)
• Target inventory level