e-Procurement: From Strategy to Implementation

E-Procurement Vision of the Future: Tomorrow

With e-procurement, life is very different. Any employee can be provided on his or her desktop PC with access to a user-friendly point-and-click system on which he or she can browse through online catalogs of the company’s approved vendors. Products can be identified by features or by model numbers or names, and the search will prioritize the results according to how well items match the buyer’s requirements. The system will provide a side-by-side comparison of the products. Prices can be compared between suppliers, and discounts calculated easily. Information concerning availability, delivery, and payment of supplies is readily available, and payments can be made electronically.

Approvals for standard ...