Introduction of e-procurement
Acquiring processes of goods
and services is centralized in mostly corporate procurement, end users only has
responsible provides their plan to procurement and the subsequent process will
be done by procurement team. Tender process will be conducted if any
requirement coming from user and no initiative emerging from procurement
people, they are only waiting for requisitioning from users. A properly implemented system can
connect companies and their business processes directly with suppliers while
managing all interactions between them. This includes management of
correspondence, bids, questions and answers, previous pricing, and multiple
emails sent to multiple participants. A good e-procurement system helps a firm organize its
interactions with its most crucial suppliers. It provides those who use it with
a set of built-in monitoring tools to help control costs and assure maximum
supplier performance. It provides an organized way to keep an open line of
communication with potential suppliers during a business process. The system
allows managers to confirm pricing, and leverage previous agreements to assure
each new price quote is more competitive than the last.
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