_____ can be defined as the sum of all purchased goods and services that are not a direct, identifiable part of products or services delivered to the customer.
A)Direct spend
B)MRO
C)Indirect spend
D)Consignment inventory
E)Kanban

Question

Quizplus · Accepted Answer

Indirect spend refers to all the purchases made by a company that are not a direct part of the products or services delivered to the customer. This includes expenses such as office supplies, utilities, marketing, and maintenance. Direct spend, on the other hand, refers to the purchases related to the production or delivery of goods and services, while MRO refers to maintenance, repair, and operations materials and expenses. Consignment inventory and Kanban are specific inventory management systems and not directly related to the sum of purchased goods and services.

_____ Can Be Defined as the Sum of All Purchased