Direct and indirect procurement are two different types of procurement processes that businesses use to acquire goods and services. Direct procurement is the process of purchasing goods and services directly from a supplier, while indirect procurement is the process of purchasing goods and services from a third-party intermediary. Direct procurement is typically used for items that are of high value and require a great deal of negotiation, such as large capital equipment or long-term contracts. Indirect procurement is typically used for items that are of lower value and require less negotiation, such as office supplies or temporary services. Both direct and indirect procurement are essential to the success of any business, as they ensure that the organization is able to acquire the goods and services it needs in a timely and cost-effective manner.
