What does end-to-end procurement cover?
End-to-end procurement covers the full source-to-pay cycle: identifying demand, sourcing and selecting suppliers, negotiating and awarding contracts, managing supplier performance and risk, processing purchase orders and invoices, and reporting on spend. Direct spend buys what you sell. Indirect spend buys everything else, and the two are governed differently.
What is the difference between direct and indirect procurement?
Direct procurement buys the goods and services that go into what you sell, so it is managed for continuity of supply and unit cost. Indirect procurement buys everything the organisation consumes internally, such as IT, facilities, marketing and professional services. Indirect spend is more fragmented, harder to see, and is the spend most often outsourced to a BPO provider.
Guides and toolkits in this area
- Mastering End-to-End Procurement Process: A Step-by-Step Guide to Ensure Everything is Covered
- Indirect Sourcing and Procurement BPO Toolkit
- Commodity Management Mastery: A Step-by-Step Guide
- Mastering Software Procurement: A Step-by-Step Guide to Efficient and Effective Purchasing
- Procurement Maturity Model in Procurement Process
- Category Management Winning Strategies for Maximum Impact
- Mastering Freight Audit and Payment: A Step-by-Step Guide
- Mastering Procure-to-Pay (P2P): A Step-by-Step Guide to Ensuring Seamless and Efficient Purchasing Processes
- Procurement Transformation: A Complete Guide to Implementation and Management
- Mastering Category Management for Strategic Procurement Success
- Vendor Selection Process Mastery: A Step-by-Step Guide to Choosing the Right Suppliers
- Business Process Outsourcing: A Complete Guide
- Redesigning Procurement Organizational Structure: A Step-by-Step Guide to Transformation
- Mastering Vendor Contract Management: A Step-by-Step Guide
Where to go next