1 Hundreds of different companies have plated items with silver for hundreds of years, usually using different amounts of silver. 2  You could own silver-plated flatware or holloware that was manufactured 200 years ago, 100 years ago, or 10 years ago.
Direct procurement refers to third party services and goods that are part of-, or used in the manufacturing, of the organizationâs products and or services. Indirect procurement refers to categories of goods and services that are supporting the organizationâs business processes.
(October 2010). Procurement is the act of acquiring, buying goods, services or works from an external source. It is favourable that the goods, services or works are appropriate and that they are procured at the best possible cost to meet the needs of the acquirer in terms of quality and quantity, time, and location.t is favourable that the goods, services or works are appropriate and that they are procured at the best possible cost to meet the needs of the acquirer in terms of quality and quantity, time, and location.