Managing Indirect Spend

Managing Indirect Spend

There is a tendency among some procurement professionals to be dismissive of indirect spend if they perceive it as less critical to company operations, especially for manufacturing companies.

We want to show you why this perception is misguided. To explain this, we will take a closer look at indirect spend, defining what it is, why it is essential, the challenges and benefits of effectively managing this area of spend and some thoughts on strategies for managing indirect spend.