Purchasing/Stores Glossary of Terms

Glossary Terms Beginning with "O"

OEM
Original Equipment Manufacturer.

OFM
Office of Financial Management. (State of Washington).

OIP
Organizational Improvement Program

ONR
Office of Naval Research

OSP
Office of State Procurement.

OTT
Office of Technology Transfer.

Object Code
An optional field on the Stores order form, and Online Ordering system. Please see University of Washington Operations Manual D34.1

Object Code
Object codes are used to identify specific categories of expenditures. Object codes are established for salaries, materials and supplies, equipment, travel, etc. Two levels of detail below object are sub-object and sub-sub-object. All expenditures must be coded to the sub-object level. Sub-sub-object coding is used at the discretion of each department with approval of Payables and Accounting Operations.

Online Ordering
Orders may be placed from a computer with the Online Ordering system. Access can be obtained from Computing & Communications at 543-5970.

Open Order
An order which has been through the buying process and is being held in the files until all materials or services are received and billed.

Operations Support
One division of the Purchasing Department. See Employee Training Manual, Purchasing Divisions.

Option
An optional field on the Stores order form, and Online Ordering system. Used by departments for internal cost accounting to identify buildings, labs, etc.. Option can be up to three digits long.

Or equal
See Equal, or equal.

Order
See Purchase Order.

Out of State Reciprocity
If a state gives a % preference to their Vendors, the University penalizes them by adding the same % to their bid.