Research
2024 Working Capital Survey: A Triple Threat
The Hackett Group’s 2024 Working Capital Survey of the top 1,000 U.S. companies is a wake-up call for companies to…
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Direct procurement’s scope is the raw materials or direct services required to produce goods or services for sale. It includes transactional procurement activities (e.g., master data management, purchase order and receipt processing, supplier scheduling, and compliance management), and sourcing and supply management activities (e.g., sourcing execution, supplier management, product development and design support).