Direct Procurement Glossary Definition - Tradogram
Direct Procurement
Understand direct procurement and its role in acquiring essential goods for business operations and manufacturing.
Direct procurement is traditionally a term used in manufacturing to describe the process used to acquire base materials and goods that are then used to create a finished product. It can also refer to products that are purchased with the intention of direct resale or sale after modification. In most cases, direct procurement can be classified as the process used to make purchases with the intent of returning profit from the investment of those purchases.
