E-procurement

E-procurement (electronic procurement, sometimes also known as supplier exchange) is a collective term used to refer to a range of technologies which can be used to automate the internal and external processes associated with procurement, strategic sourcing and purchasing.[1]

Examples of e-procurement include e-auctions, e-tendering, automated issue of purchase orders and related receipting and invoicing processes, internet ordering, use of purchasing cards,[1] and the use of information and networking systems such as electronic data interchange and enterprise resource planning systems.[2]

E-procurement can be used across the business-to-business, business-to-consumer and business-to-government marketplaces.[3]

  1. ^ a b National e-Procurement Project, Desktop Guide to e-Procurement - Part 1: Overarching Guide to e-Procurement, Local e-Government National Projects, accessed on 6 July 2024
  2. ^ European Bank for Reconstruction and Development, Are you ready for eProcurement?: Guide to Electronic Procurement Reform, published in 2015
  3. ^ Bids and Tenders, Lakshwadeep E-Proc and NIC, [sic], title assumed to refer to Lakshadweep, accessed 6 July 2024