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e-procurement

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e-procurement
(Electronic-PROCUREMENT) Purchasing online. E-procurement systems are used to obtain materials and parts via the Web or using traditional EDI standards either for internal manufacturing (direct procurement) or office supplies and equipment (indirect procurement). See supply chain management.


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The typical e-procurement implementation only has 30 suppliers enabled.
In the 'Critical Capabilities for Best-of-Breed E-Procurement Vendors' report*, industry analysts Gartner assessed the most common capabilities required by clients in an eProcurement system: Proactis scored 4 out of 5 or higher on 9 of the critical product capabilities and was awarded a rating of the full 5 out of 5 in the areas of Internal Store Support and Basic Purchasing Functionality.
This is because e-procurement software has traditionally been difficult to install and employees often resist learning how to use it," said Dave Stephens, founder and CEO of Coupa.
 
 
 
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