Materials that are needed for the production of a good or service, but are not raw materials or inputs to the production process. Examples may include maintenance tools, cleaning products, or office supplies. The cost of indirect materials is typically classified as overhead for accounting purposes.
Related information about indirect material:
- What is indirect material? - BusinessDictionary.com
Definition of indirect material: Consumables (such as cleaning chemicals, disposable tools, protective devices) not used as raw materials, but which make the ...
- What is the definition of indirect material?
Any material that is not part of the finished product or used to ...
- Indirect materials definition
Answer: INDIRECT MATERIAL. Materials, purchases and supplies used in the operation of the business, not directly associated with production and are part of ...
- Indirect material - Merriam-Webster Online
material (as tools, cleaning supplies, lubricating oil) used in manufacturing processes which does not become an integral part of the product and the cost of ...
- What is indirect material? definition and meaning - InvestorWords.com
Definition of indirect material: Materials that are needed for the production of a good or service, but are not raw materials or inputs to the production process.
- KPIs: Measuring Indirect Material Suppliers and Service Providers ...
chain professionals managing indirect material suppliers and service providers ... measure and manage indirect material and service suppliers' performance.
- indirect material - Encyclopedia - The Free Dictionary
Any material used in the manufacture of a product which does not itself become a part of the product and whose cost is indirect. Want to thank TFD for its ...
- Indirect Materials Management & Inventory Control
Often, indirect material management isn't placed high on priority lists; however, mismanagement and lack of efficient inventory tracking can result in lost ...