What Is Internal Methods of Managing Indirect Spend?

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter23: The Aggregate Expenditure Model
Section: Chapter Questions
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What Is Internal Methods of Managing Indirect Spend?

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Organizations spends  a lot of time  of commodities and service ,which is directly related to business and also some other spends  which  is  not  directly related to priorities  list of business  that  is called indirect spends .Like  indirect spends are information technology,  travelling expenses  and marketing ,human resources .Company  have to optimize the cost on those expenses .Indirect procurements requires a more strtigic approach ,it is realted to everyday  business oprations ,like offiece supplier ,facilities ,utilities like maintains ,Tecnonlogy infrastructure ,marketing ,human resources ,Travel conferences and remote team  member expences ,ouside services .

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