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What Is Direct Procurement

oboloo Glossary

What Is Direct Procurement

Direct Procurement is the process of acquiring goods and services directly from a supplier without going through a third-party intermediary. It involves identifying and selecting a vendor, negotiating the terms of purchase, managing the relationship with the suppliers, and monitoring their performance over time. Direct Procurement helps organizations stay agile and cost-effective in their approach to procurement while maintaining strong relationships with vendors. Engaging in Direct Procurement means taking ownership of the entire supply chain and working together with partners to create value for all involved.

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