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  2. Five types of procurement are12:
    • Negotiated procurement: a method of procurement where the buyer negotiates the terms and conditions with one or more selected suppliers.
    • Supplier development: a method of procurement where the buyer invests in improving the capabilities and performance of the supplier.
    • Direct acquisition: a method of procurement where the buyer purchases the goods or services directly from the producer or provider.
    • Indirect acquisition: a method of procurement where the buyer purchases the goods or services through an intermediary, such as a distributor or a wholesaler.
    • Public-private partnership: a method of procurement where the buyer collaborates with a private sector partner to deliver a public service or project.
    Learn more:

    There are five main procurement methods:

    • 1. Negotiated procurement
    • 2. Supplier development
    • 3. Direct acquisition
    • 4. Indirect acquisition
    • 5. Public-private partnership
    oboloo.com/blog/what-are-the-five-procurement-m…

    Procurement Methods

    • 1. Open Tendering Open tendering is shorthand for competitive bidding. ...
    blog.udemy.com/procurement-methods/
     
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