Types of purchases practice involved in India Types of indirect purchase materials

Question

Accepted Answer

In India, the types of purchases practices include direct purchases, indirect purchases, and capital purchases.

Direct purchases involve buying goods or services directly from the manufacturer or supplier.
Indirect purchases refer to the procurement of goods or services that are not directly used in the production process, such as office supplies, maintenance services, or IT equipment.
Capital purchases involve acquiring long-term assets like machinery, equipment, or vehicles.
Other types of purchases practices in India may include strategic sourcing, vendor management, and contract negotiation.
Examples of indirect purchase materials in India can include stationery, cleaning supplies, software licenses, or consulting services.

Accepted Answer

general negotiate, high sea sale , epcg process etc

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