DEVELOP IN-HOUSE

It is the process where the company uses their own workers (in-house team) to develop ot implement an IT system that fits the specific needs of the company. This process allows for the creation of a more customized system that Read More …

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OUTSOURCING

Outsourcing it is the use of external service providers to effectively deliver IT enabled business process, application services and infrastructure solutions for business outcomes. There are 3 types of outsourcing: Bodyshop outsourcing- it is a situation where management uses outsourcing Read More …

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SOURCING PROCESS

Sourcing is finding or obtaining a potential supplier for goods and services. Strategic sourcing is a complicated process involving a number of interrelated tasks e.g.: 1. Identify or re-evaluate needs- in some instances, needs must be re-evaluated because they have Read More …

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TYPES OF E-PROCUREMENT APPLICATIONS

1. OFF-THE-SHELF APPLICATIONS It is short form for commercial off the shelf (COTS) It’s software that is ready made and available for sale to the general public e.g. Microsoft Office is a COTS product that is packaged as a business Read More …

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