Sourcing and Procurement
Glossary
Your trusted guide to exploring sourcing and procurement terms & definitions,
from the world’s leading procurement experts and companies
Developer
Individuals who are trained in the automation tool to be deployed and design, develop, test and support automations.
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Digital Strategy
Using technology to improve business performance and dictates the direction an organisation will take in the future.
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Direct Materials
All purchased materials and services that become part of an organization's value proposition, such as components used in the manufacturing of an organization's end product.
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Direct Purchasing
The purchase of material to be used in manufacturing or for resale as opposed to indirect purchasing.
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Direct labour cost
The salary cost for employees who work in the manufacturing process of an item or delivery of a service
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Developing
In reference to a poor agricultural country that is seeking to become more advanced economically and socially.
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Direct Cost
Those costs, which are assignable to a specific product, primarily classified as direct labor cost, direct material cost, or purchased cost. These costs usually are treated as variable and do not include general overhead or common allocations.
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Direct Procurement
Direct procurement is the act of acquiring raw materials and goods that are used for production. Purchases are typically made in large quantities from a pool of suppliers. Direct procurement represents a large percentage of total spend. Sometimes referred to as Direct Spend.
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Direct call off
The act of placing an order under a framework agreement without having further competition
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Direct material cost
The cost of materials and components used in the production of an item or delivery of a service
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