punchout
Punchout, in procurement and supply chain, refers to a process that allows a buyer to access a supplier's catalog directly from the buyer's procurement system via a secure, browser-based session. The term stems from the buyer "punching out" of their system to the supplier’s site and then returning with a prepared shopping cart.
In operation, the buyer's procurement system issues a punch-out request to the supplier's catalog. The supplier's
Benefits include reduced data entry, improved catalog accuracy and compliance with negotiated terms, faster procurement cycles,
Limitations include the need for IT resources, ongoing maintenance of catalog integrations, and potential compatibility challenges
Other uses: In popular culture, Punch-Out!! is a Nintendo boxing video game series. Not related to procurement.