Companies are always looking for ways to save money. They may have already cut costs in areas like manufacturing and shipping. Now, they're turning to a hidden area where they can save more money ...
Addressing the challenges of indirect procurement requires a strategic and disciplined approach to bring structure to these often unmanaged expenditures. The following strategies represent proven ...
Unlike direct procurement, which involves purchasing materials that become part of the finished product, indirect procurement entails the supporting cast of resources that enable a company to function ...
Direct vs. indirect procurement The fundamental differences between direct and indirect procurement drive how organizations structure their purchasing strategies. Direct procurement concerns the ...