A consumable is a product that is used once and then discarded. For example, hypodermic syringes are single use. It is consumed by use and cannot be re-used. Any further economic value could only be derived from recycling for another purpose. See also Expendable.
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Discover the world’s largest Glossary of Procurement terms
With over 800 Procurement specific terms (and growing) you will find everything you need to know or thought you knew about the Procurement function. Our aim is to provide you with a comprehensive list collated from the Comprara Groups hub of training and consulting source materials.The Procurement Glossary has been compiled by industry expert Paul Rogers.
