Procurement, both direct and indirect, might be considered subsidiary, both play an important role in the development of a firm. Understanding the similarities and distinctions between the two can eventually help you prepare for effective supply chain and spend management strategies, even if they are different functions that demand different techniques and technologies.
On this week's Smart Consulting Sourcing Podcast, we discuss the key differences between direct and indirect procurement. We'll outline the advantages and disadvantages of each approach, and help you decide which is best for your organization.
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