Month: February 2022

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 …

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 …

1. The software should be secure and not vulnerable. It should be virus free and able to combat a threat through active scanning and elimination of detected threats. 2. The system should be scalable. The capacity of a system to Read More …

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 …

Technological developments have a range of impacts on business and purchasing activity; 1. Automation and computerization raises productivity by allowing faster, more accurate, more consistent work than human beings can achieve alone. A supplier with access to advanced design, manufacturing, Read More …

An e-contracting process or life cycle consists of a number of phases where each phase constitutes activities confined to that phase. At a broad level, we classify e-contracting processes into three phases: 1.E-contract formation. The following steps take place during Read More …