What does e-procurement mean?
Definitions for e-procurement
e-pro·cure·ment
This dictionary definitions page includes all the possible meanings, example usage and translations of the word e-procurement.
Wiktionary
e-procurementnoun
The purchase of supplies, work and/or services by means of computer networks.
Wikipedia
E-procurement
E-procurement (electronic procurement, sometimes also known as supplier exchange) is the business-to-business or business-to-consumer or business-to-government purchase and sale of supplies, work, and services through the Internet as well as other information and networking systems, such as electronic data interchange and enterprise resource planning.The e-procurement value chain consists of indent management, e-Informing, e-Tendering, e-Auctioning, vendor management, catalogue management, purchase order integration, Order Status, Ship Notice, e-invoicing, e-payment, and contract management. Indent management is the workflow involved in the preparation of tenders. This part of the value chain is optional, with individual procuring departments defining their indenting process. In works procurement, administrative approval and technical sanction are obtained in electronic format. In goods procurement, indent generation activity is done online. The end result of the stage is taken as inputs for issuing the NIT.Elements of e-procurement include request for information, request for proposal, request for quotation, RFx (the previous three together), and eRFx (software for managing RFx projects).Alongside with increased use of e-procurement, needs for standardization arise. Currently, there is one globally developed open extensible markup language based standard framework built on a rich heritage of electronic business experience. It consists of five layers - messaging, registry and repository, collaboration protocol, core components and business processes.
Wikidata
E-procurement
E-procurement is the business-to-business or business-to-consumer or business-to-government purchase and sale of supplies, work, and services through the Internet as well as other information and networking systems, such as electronic data interchange and enterprise resource planning. E-procurement is done with a software application that includes features for supplier management and complex auctions. The new generation of e-Procurement is now on-demand or a software-as-a-service. The e-procurement value chain consists of indent management, eTendering, eAuctioning, vendor management, catalogue management, Purchase Order Integration, Order Status, Ship Notice, eInvoicing, ePayment, and contract management. Indent management is the workflow involved in the preparation of tenders. This part of the value chain is optional, with individual procuring departments defining their indenting process. In works procurement, administrative approval and technical sanction are obtained in electronic format. In goods procurement, indent generation activity is done online. The end result of the stage is taken as inputs for issuing the NIT.
Numerology
Chaldean Numerology
The numerical value of e-procurement in Chaldean Numerology is: 2
Pythagorean Numerology
The numerical value of e-procurement in Pythagorean Numerology is: 9
Examples of e-procurement in a Sentence
Rather (than) focusing on fierce competition at home, it's more about companies trying to cooperate in order to reduce cost and increase flexibility on the procurement side.
When I do have a couple of good hours, I'm still trying to do help with procurement for the state [ of New York ] because they really are fighting state by state, which is so stupid, to get the equipment that they need, so, I don't know how I got it and most people don't, Anderson Cooper, and we are so far behind on testing. We're telling ourselves these lies about testing. We're nowhere near where we need to be.
There was never any attempt to pressure employees to make political contributions, and we followed both the spirit and the letter of procurement laws.
There are mechanisms to still protect the taxpayer here. It just makes it a lot harder because you're removing the checks at the front end, in fairness, the normal procurement process can take a long time sometimes.
Given the many shortcomings of the JEDI procurement process, I fully support Secretary Esper's decision to review the program.
Translations for e-procurement
From our Multilingual Translation Dictionary
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"e-procurement." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/e-procurement>.
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