Difference between revisions of "E procurement"

From Open Risk Manual
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== Definition ==
 
== Definition ==
'''E-procurement'''. (Electronic Procurement) It is a tool for managing the procurement with the integration of the vendors in a business-to-business (B2B) relationship. It integrates the procurement processes, cuts transaction costs for buyers, and simplifies the workflows for vendors and the access to the market. The e-procurement includes a set of technologies, processes, operations, and organizational procedures for the acquisition of products and services online through the opportunities offered by the development of the web and e-commerce.
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'''E-procurement'''. (Electronic Procurement) It is a tool for managing the procurement with the integration of the vendors in a business-to-business (B2B) relationship.  
  
[[Category:Supply Chain Finance]]
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It integrates the procurement processes, cuts transaction costs for buyers, and simplifies the workflows for vendors and the access to the market.
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The e-procurement includes a set of technologies, processes, operations, and organizational procedures for the acquisition of products and services online through the opportunities offered by the development of the web and e-commerce.
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[[Category:Fintech]]

Latest revision as of 13:42, 13 February 2020

Definition

E-procurement. (Electronic Procurement) It is a tool for managing the procurement with the integration of the vendors in a business-to-business (B2B) relationship.

It integrates the procurement processes, cuts transaction costs for buyers, and simplifies the workflows for vendors and the access to the market.

The e-procurement includes a set of technologies, processes, operations, and organizational procedures for the acquisition of products and services online through the opportunities offered by the development of the web and e-commerce.

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