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Material requirements planning. Material requirements planning ( MRP) is a production planning, scheduling, and inventory control system used to manage manufacturing processes. Most MRP systems are software -based, but it is possible to conduct MRP by hand as well. An MRP system is intended to simultaneously meet three objectives:
The Department of Defense Activity Address Code ( DoDAAC) is a six position code that uniquely identifies a Department of Defense unit, activity, or organization that has the authority to requisition, contract for, receive, have custody of, issue, or ship DoD assets, or fund/pay bills for materials and/or services.
Federal Acquisition Regulation. The Federal Acquisition Regulation ( FAR) is the principal set of rules regarding Government procurement in the United States, [1] and is codified at Chapter 1 of Title 48 of the Code of Federal Regulations, 48 CFR 1. It covers many of the contracts issued by the US military and NASA, as well as US civilian ...
Purveyance. Purveyance was an ancient prerogative right of the English Crown to purchase provisions and other necessaries for the royal household, at an appraised price, and to requisition horses and vehicles for royal use. [1] It was finally abolished in 1660.
The Land Ordinance of 1785 was adopted by the United States Congress of the Confederation on May 20, 1785. It set up a standardized system whereby settlers could purchase title to farmland in the undeveloped west. Congress at the time did not have the power to raise revenue by direct taxation, so land sales provided an important revenue stream.
A request for quotation ( RfQ) is a business process in which a company or public entity requests a quote from a supplier for the purchase of specific products or services. RfQ generally means the same thing as Call for bids (CfB) and Invitation for bid (IfB). [1] An RfQ typically involves more than the price per item.
Military acquisition. Military acquisition or defense acquisition is the " bureaucratic management and procurement process", [1] dealing with a nation 's investments in the technologies, programs, and product support necessary to achieve its national security strategy and support its armed forces. Its objective is to acquire products that ...
SPS is an outgrowth of the DoD Corporate Information Management (CIM) initiatives in the early 1990s, and is intended to provide standard business processes and data management across disparate acquisition communities, including: Posts, camps, and stations. Inventory Control Points. Major Weapon Systems. Contingency contracting.