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e-Procurement - Management of the purchasing function

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e-Procurement - Gestione della funzione acquisti e-Procurement - Gestão da função compra e-Procurement - Verwaltung der Einkaufsfunktion e-Procurement - Gestion de la fonction achat Aprovisionamiento electrónico: gestión de la función de compras

e-Procurement

The term "e-Procurement" (for Electronic Procurement, sometimes written eprocurement) refers to the use of new technologies to automate and optimize the purchasing function of the company.

The term refers to a B2B exchange, i.e. a transaction between two companies, which allows a buyer to consult the product catalog of a seller online and to directly place orders according to a well defined purchasing workflow. Thanks to e-procurement, the process of requesting estimates, issuing a purchase order and billing is handled electronically and in a centralized manner at the level of the two enterprises, which makes it possible to shorten the ordering and delivery times while simplifying the purchasing process. Overall, e-procurement therefore makes it possible to cut cost and improve handling of purchasing matters.

The term e-tendering (electronic bid) is sometimes used to refer to the use of the Internet to request estimates on one hand and receive bids on the other.

The term e-sourcing (electronic sourcing) refers to the use of the Internet to identify and contact new suppliers for a given type of product.

Last update on Thursday October 16, 2008 02:43:20 PM.This document entitled « e-Procurement - Management of the purchasing function » from Kioskea (en.kioskea.net) is made available under the Creative Commons license. You can copy, modify copies of this page, under the conditions stipulated by the licence, as this note appears clearly.

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