indirect materials


Also found in: Acronyms.

indirect materials

any raw materials which, while they are not incorporated in a product, are nonetheless consumed in the production process, for example lubricants and moulds for metal castings. The cost of such indirect materials is usually counted as part of production OVERHEADS. See DIRECT MATERIALS, FIXED COST, STANDARD COST.

indirect materials

any raw materials that, while they are not incorporated in a product, are nonetheless consumed in the production process, for example, lubricants and moulds for metal castings. Compare DIRECT MATERIALS.
References in periodicals archive ?
Tom Eisenman: CPOs are obligated to provide strategic direction and operational alignment for the indirect materials and services procured by their organizations.
We use two examples of direct materials, and use indirect materials that are incorporated in the finished product (i.
Premier Farnell is working on efficient management of Vauxhall's indirect materials purchasing, by reducing the risk of production downtime and the amount of time operatives have to spend away from the production lines trying to find maintenance and repair products.
The sites for indirect materials include catalog sites such as Staples.
The items will include vanilla, orange juice concentrate, fruit drink bases, fuel, milk cartons, cleaning chemicals, laboratory supplies, shrink film, and many other direct and indirect materials.
The research Report on eBusiness for April 2001 shows that business-to-business (B2B) online buying of indirect materials continues to increase.
SupplyWorks MRO--a Web-based solution that streamlines procurement of indirect materials and supplies for maintenance, repair, and operations.
Office products fall into an interesting category of indirect materials.
Kearney's strategic sourcing and procurement transformation expertise with i2's supplier relationship management technology to create a suite of systems and services - called 2Source - for the sourcing and procurement of both direct and indirect materials.
Companies also reported different goals when using e-marketplaces for indirect materials, such as items for maintenance, repair and operations.
The company wants minority suppliers in both direct and indirect materials to support its many products, which include tractors, combines, backhoes, crawlers, lawn equipment, utility vehicles and generators.