Spot buys are a type of business transaction in which goods or services are purchased on an immediate, as-needed basis. They are usually used to meet short-term needs or to take advantage of unexpected opportunities. Spot buys are typically unplanned and are usually made outside of the normal procurement process. They are often used to purchase items that are not available through the normal procurement process or to take advantage of a one-time opportunity. Spot buys are usually made with a single vendor and are often used to purchase goods or services that are not available through the normal procurement process. They can also be used to purchase goods or services at a lower cost than through the normal procurement process. Spot buys are a valuable tool for businesses as they allow them to quickly and easily purchase goods or services that they need in order to meet their short-term needs or take advantage of unexpected opportunities.