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.
Procurement may be a simple purchasing arrangement with a supplier. It may also involve a more complex arrangement with the seller or a group of suppliers that ties required quantity, quality, and delivery into a production process.