What is E-procurement

Also known as electronic procurement or supplier exchange, is the purchase and sale of supplies, equipment, works and services through a web interface or other networked system.

A system utilizing Internet technology to streamline the purchases of goods and products in order to reduce costs.

A system utilizing Internet technology to streamline the purchases of goods and products to reduce costs.

E-procurement enables the electronic purchasing of products and services from a company via digital networks. Using the integration of innovative information and communication technologies, e-procurement supports and concludes, respectively, both operative and strategic tasks in the area of procurement.

Purchase of a product or a service over internet.

A system utilizing Internet technology to streamline the purchases of goods and products in order to reduce costs.

This is a process of conducting procurement process online. The tendering, bidding process and issuing of procurement contract are all conducted online. The procurement tender is advertised online, the bidders submit their bids online and the decision i.e., offers of the contract is issued online.

A structured information system adopted by some organizations for making business-to-business purchases over the Internet. Such a system can connect companies and their business processes directly with suppliers while managing all interactions between them. E-procurement is also referred to as supplier exchange.

Represents a class of software systems that can automate the key tasks involved in procurement process.

The process of using an electronic or online (web-based) network to buy and sell products in a B2B (Business-to-business) setting or a B2C (Business-to-consumer) setting. Government organizations also use it for procurement. RFQ, RFP, etc., are conducted online in an e-Procurement setting.

A comprehensive process in which organizations use IT systems to establish agreements for the acquisition of products or services (contracting) or purchase products or services in exchange for payment (purchasing).

is a process that is useful in streamlining an organization’s purchases in a timely fashion with the best price.

A system utilizing Internet technology to streamline the purchases of goods and products in order to reduce costs.

Is the process of electronic or online (web-based) network for buying and selling goods in a B2B setting or a B2C setting. It is also used by government organizations for procurement. Processes such as RFQ, RFP, etc. are conducted online in an e-Procurement setting.

Purchase of a product or a service over internet.

This is an electronic tendering and procurement of goods and service. Large companies or public authorities implement some form of e-procurement on the Web. Benefits for the buyers include a wider choice of suppliers to choose from which in turn leads to lower costs, better quality, and reduced cost of procurement. The benefits for suppliers, however, include more tendering opportunities, lower cost of submitting a tender, and tendering in parts. An example is Japan airlines.

The business-to-business or business-to-consumer or business-to-government purchase and sale of supplies, work, and services through the Internet as well as other information and networking systems, such as electronic data interchange and enterprise resource planning.

E-procurement represents the integration and electronic administration of all the provisioning activities, including the purchase requisition, authorization, order, delivery, and payment between a buyer and a supplier.

is a purchase process found under the impact of the new technologies, and help develop new programs as e-vendor, e-sales, e-commerce, e-purchase, e-invoicing, e-payment, e-ordering, reducing costs, linking suppliers and organizations anytime, anywhere, improving continuous replenishment, reducing time, improving relationship.

Represents a class of software systems that can automate the key tasks involved in procurement process.

E-Procurement enables the electronic purchasing of products and services from a company via digital networks. Using the integration of innovative information and communication technologies, E-Procurement supports and concludes, respectively, both operative and strategic tasks in the area of procurement.