oboloo

oboloo Glossary

Indirect Procurement

oboloo Glossary

Indirect Procurement

Indirect Procurement is the official business term for the process of acquiring goods and services that are necessary for the day-to-day operations of a business. This includes items such as office supplies, IT equipment, marketing materials, travel expenses, and other services that are not directly related to the production of goods or services. Indirect Procurement is an important part of the overall supply chain management process, as it helps to ensure that the company has the necessary resources to operate efficiently and effectively. It also helps to ensure that the company is getting the best value for its money, as it is able to compare prices from different suppliers and make sure that it is getting the best deal. Indirect Procurement is a key component of any successful business, as it helps to ensure that the company is able to operate at its highest level of efficiency and profitability.

Want to find out more about procurement?

Access more blogs, articles and FAQ's relating to procurement

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

© 2024 oboloo Limited. All rights reserved. Republication or redistribution of oboloo content, including by framing or similar means, is prohibited without the prior written consent of oboloo Limited. oboloo, Be Supplier Smart and the oboloo logo are registered trademarks of oboloo Limited and its affiliated companies. Trademark numbers: UK00003466421 & UK00003575938 Company Number 12420854. ICO Reference Number: ZA764971