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10 hilariously insightful foreign words. The primary concept of strategic procurement is that through advanced planning, scheduling, and group buying initiatives, a firm can experience significant cost savings.0 hilariously insightful foreign words. The primary concept of strategic procurement is that through advanced planning, scheduling, and group buying initiatives, a firm can experience significant cost savings.
Indirect procurement is the sourcing of all goods and services for a business to enable its activity. Or looking at it another way, the goods and services classified under the umbrella of indirect procurement are commonly bought for consumption by internal stakeholders (business units or functions) rather than the external customer or client.