What Is Indirect Procurement? Understanding & defining the difference between direct and indirect procurement is essential.. Typically, direct procurement is seen in industries such as retail, food and beverage, and manufacturing. In essence it is any industry where there is a…
What is indirect procurement?
What is indirect procurement? A company’s procurement function can be split into two parts: direct and indirect procurement. What’s the difference, and does your business have a firm handle on both types of cost? What’s the difference? Direct procurement is the…
Spend category highlight: MRO
Spend category highlight: MRO A subsection of Facilities Management (FM), MRO stands for Maintenance, Repair and Operations. MRO refers to products and tools used by companies to create a product, encompassing any item that is used in the production process but…