Sourcing documents are full of abbreviations that people use loosely and slightly differently. This glossary fixes the meaning used on LATYNEX Research pages, so that a shortlist, a quote comparison or a source log reads the same way to you as to the person who wrote it. Entries are grouped by what they describe.
Terms below are defined as they are used in LATYNEX Research deliverables. Other firms and other industries may use them a little differently, which is why a request or contract should always restate the term it relies on.
Where a term touches law, tax or customs, take the definition from the document or professional that governs it, not from a glossary.
Request for information: an early, open question set to learn what a supplier offers. No price commitment is expected.
Request for quotation: a defined request asking for a price and terms against a fixed specification.
The written definition of what is to be supplied, to which quotes and deliveries are compared.
A supplier's priced answer, valid on stated terms and for a stated period.
Minimum order quantity: the smallest order a supplier is willing to produce or sell on stated terms.
The period between confirming an order and the goods being ready, as the supplier states it.
The permitted deviation from a stated measurement.
A quantity produced or supplied together.
A company that makes the goods in facilities it controls.
A company that sources goods from makers and resells them.
A maker producing to the buyer's design, sold under the buyer's name.
A maker supplying its own design that a buyer may adapt and sell under its name.
Goods made by one company and sold under another's brand.
A statement read in a source cited in the source log.
A conclusion drawn from verified facts and labelled as such.
Something that could not be established from the sources available.
Information supplied by you and not independently checked.
The list of sources used, with what each was used for and when it was read.
Research reports what can be established from public and provided sources. It is not a guarantee about a counterparty's future conduct and not legal advice.
No. It explains words as they are used in commercial research.
Because it applies to a statement and a source, not to a company as a whole.
On the page about verified fact, inference, unavailable and client-provided data.
No obligation. We read your request and reply with a straight answer.
Tell us what you need to find out and by when. We confirm scope before any work starts.
Request research