Indirect procurement requires a different balance of disciplined processes and technology, engagement with stakeholders and diverse expertise across a range of suppliers. Overall: Within the indirect supply market there are hundreds of categories, all of which require deep knowledge to procure effectively.
Sociologists use the term social stratification to describe the system of social standing. Social stratification refers to a societyâs categorization of its people into rankings of socioeconomic tiers based on factors like wealth, income, race, education, and power. You may remember the word âstratificationâ from geology class.
2. stratification-the condition of being arranged in social strata or classes within a group. social stratification. condition-a mode of being or form of existence of a person or thing; the human condition.