Glossary Letter D terms
Direct Procurement
Direct procurement refers to the sourcing and purchasing of materials, components, and services that directly impact a company’s end product or service offering. These critical inputs—such as raw materials, parts, and production supplies—can significantly influence product cost, quality, and time-to-market. Effective direct procurement requires close collaboration with suppliers, rigorous quality control, and strategic inventory management. By optimising these processes, businesses can reduce lead times, prevent supply chain disruptions, and ultimately deliver greater value to their customers.