Electronic Procurement System
Electronic Procurement System
Using Internet technologies to handle product distribution to the the buyer and from supplier while at the same time removing the complexity of multi-level paper and processing which are labor intensive. This allows the business to run more efficiently and allows purchasing professionals to have more time to focus on complex acquisitions and supplier negotiation. Besides reducing cost and hassle, it must be designed expressly for casual use by untrained employees and it must also provide extensive management controls, reporting, and integration with existing systems.
