Month: February 2022

The term eProcurement refers to the use of electronic means in conducting a public procurement procedure for the purchase of goods, works or services. In order to have a common view within the eProcurement Forum, for the scope of this Read More …

An online procurement process that reduces steps and saves money. The process is executed on a real time basis involving global suppliers. eProcurement is the counterpart of eSourcing because it starts when e-sourcing ends and ends where eSourcing begins. STEPS Read More …

Purchasing has traditionally involved three main phases each requiring specific documents & considerable transactional activity. Identification Phase Notification of the need to buy by; A requisition issued by stores, stock control or potential user A bill of materials issued by Read More …

Traditional procurement and electronic procurement both have advantages and disadvantages. Manual procurement is generally done face-to-face, or via telephone, while e-procurement is generally done online. But that simple answer hides many factors. Manual procurement is really a collection of processes Read More …

The strategic benefits of e-Procurement have been verified by many leading companies worldwide, and eProcurement is a significant tactic in most companies‟ e-Business strategies. The consensus is that e-Procurement benefits organizations with respect to the procurement cost and process efficiency Read More …

The term Public eProcurement (“electronic procurement” in the public sector) refer to the use of electronic means in conducting a public procurement procedure for the purchase of goods, works or services. To successfully conduct electronic procurement across borders, eProcurement systems Read More …