Indirect Procurement Process is the official business definition for the process of obtaining goods and services that are not related to the production of a product or service. This includes services such as IT, marketing, legal, accounting, and other administrative services. The process of indirect procurement involves the identification of potential suppliers, the negotiation of contracts, and the management of the supply chain. It is a complex process that requires the expertise of procurement professionals to ensure that the best quality goods and services are obtained at the most competitive prices. The process of indirect procurement is also important for ensuring that the organization complies with applicable laws and regulations. By utilizing the services of a procurement professional, organizations can ensure that they are obtaining the best value for their money and that their supply chain is secure and efficient.
