SourceDay Blog

direct procurement

The Future of Direct Spend Management

SourceDay

In a recent post here, we wrote about the difference between direct and indirect spend, and shared some of best practices for effective direct spend management. Many procurement teams (and professionals) get their start managing indirect spend categories such as office supplies, equipment and back office services. However, the opportunity to step up and impact …

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Worker Scanning Package In Warehouse

Drawing the Line between Direct and Indirect Spend

SourceDay

We often get asked by people not familiar with our industry the difference between indirect and direct spend or, more specifically, the difference between an indirect procurement management system and a direct procurement management system and how the two impact a business. The generally accepted difference between direct and indirect spend is that direct spend …

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