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Price List & Catalogs


Glossary

What is Price List & Catalogs?

Price List & Catalogs in procurement refer to the management and utilization of comprehensive catalogs containing detailed product or service information along with accurate pricing. This involves a straightforward and collaborative process to create, update, and maintain catalogs, ensuring that pricing information is consistently accurate and up-to-date.

The management of price lists and catalogs is a vital aspect of the procurement workflow, facilitating efficient communication and collaboration between buyers and suppliers. Through these catalogs, procurement professionals can exchange messages with suppliers, provide feedback, and track the progress of catalog-related activities.

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