Obtaining goods or services through supplier selection, purchasing and related controls.Related termsSupply chainAccounts payableBOMLead timeFiled underSupply chainFinanceBusinessSustainabilityLuxury is the new lingua franca that brings the world together in shared dreams of design, craftsmanship, heritage, and impeccable service.Icons of LuxuryExplore the collection Jewelry The Tiffany Setting Leather goods and textiles The Prada nylon backpack Travel The Louis Vuitton flat-top trunk Watches The IWC Portugieser Footwear The John Lobb Lopez Fragrance Diptyque’s Philosykos