Month: February 2022

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 …

An extranet in an intranet that has been extended to give selected external partners (such as suppliers) authorized access to particular areas or levels of the organizations website or information network, for exchanging data applications, and sharing information. E.g. the Read More …

The internet and the World Wide Web are n accepted framework for implementing and delivering information systems applications. The internet is a global collection of telecommunications linked computer networks, which has revolutionized global communication and commerce through tools such as Read More …

The essence of ERP is the fundamental approach which takes a wider, holistic view of the organization. Traditional application systems treat each transaction separately. They are built around the strong boundaries of specific functions that a specific application is meant Read More …

ERP has its origins in MRP, which has been in business practice from the 1970s. The driver from MRP to ERP has been the application of information technology which served to make MRP an essential manufacturing business tool, in turn Read More …