10. Procurement (and e-Procurement) Systems
The Procurement Process
Today, technology is heavily used in the short- to medium-term purchasing process in a variety of sources, such as an MPS, procurement planning, and MRP. It is also used for the broader, longer-term needs of an entire procurement/sourcing process (see Figure 10.1).
As described in Chapter 9, “Material Requirements Planning (MRP),” procurement (also known as sourcing and supply management), the focus of this chapter, is the process of managing a broad range of processes associated with a firm’s need to acquire goods and services in a legal ...