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What is Direct vs. Indirect Materials Explained about?

Direct materials and indirect materials/services are both important procurement categories, but they differ in key ways. Direct materials like raw chemicals and packaging components go directly into a finished product. Indirect categories like marketing, logistics and facilities support do not. While direct spending is often well-managed, indirect spending represents a significant opportunity for cost savings, though it requires buy-in from stakeholders with separate budgets. Strategic sourcing of both dire

Author

Nguyen Hoang Son (K16HL)

Language

EN