Uses of ICT in global Procurement

Chapman, et al, (2000); many companies conduct business using Electronic Commerce (ecommerce), whether focusing on business-to-business (B2B) or business-to-consumer (B2C) activities. They realize that easy access to information and communication and the delivery of their products or services are important Read More …

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ELECTRONIC DATA INTERCHANGE (EDI)

Electronic data interchange (EDI) is an electronic communication system that provides standards for exchanging data via any electronic means. By adhering to the same standard, two different companies, even in two different countries, can electronically exchange documents (such as purchase Read More …

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BAR CODING

A barcode system is an optical machine – readable representation of data which shows certain data on certain products. A typical bar code usually consists of a series of parallel, adjacent bars and spaces. These predefined bar and space patterns Read More …

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Benefits of E-procurement

Saves time It is efficient  It is reliable Reduced transaction costs through the automation of requisitioning, purchase order management and accounting processes by the use of internet technology including online ordering etc. Less paper work as compared to manual Variety Read More …

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