The Procurement Glossary » Catalog
Catalog
Procure-to-Pay
Also known as: Catalogue
Definition
A curated, priced list of items available for purchase, from which buyers requisition without needing a fresh quote.
Shop related products
Explanation
The catalog turns negotiated pricing into everyday reality: items, descriptions and agreed prices are pre-loaded, so buying is fast and on-contract. Catalogs may be hosted internally or accessed on the supplier's site via punchout.
Example
Staff order approved monitors straight from the internal catalog at the framework price, no RFQ needed.
Related terms
- PunchOut — A connection that lets a buyer leave their procurement system, shop on a supplier's live website, and return the cart for approval and PO.
- Guided Buying — A buying experience that steers users to compliant, preferred choices with a simple, consumer-like interface.
- Framework Agreement — An umbrella agreement setting pre-negotiated prices and terms with one or more suppliers, from which individual orders are placed as needed.
- Hosted Catalog — A supplier catalog whose item and price data is loaded into and stored within the buyer's procurement system.
Related concepts
- Procure-to-Pay (P2P) — The end-to-end operational buying cycle — from requisition and approval to purchase order, receipt, invoice matching and payment.
Frequently Asked Questions
What is Catalog?
A curated, priced list of items available for purchase, from which buyers requisition without needing a fresh quote. The catalog turns negotiated pricing into everyday reality: items, descriptions and agreed prices are pre-loaded, so buying is fast and on-contract. Catalogs may be hosted internally or accessed on the supplier's site via punchout.
Can you give an example of Catalog?
Staff order approved monitors straight from the internal catalog at the framework price, no RFQ needed.
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