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
Early procurement of missile tubes and prototyping of the first assembly of four missile tubes are supporting the proving out of production planning.
Mr. Toyoda is carefully aware of what we’re doing, he views our parts procurement reform as one experimental way.
Now it wants a re-do, that's not good for our war-fighters. That's not good for confidence in public procurement. That's not good for anybody but Amazon.
You can build the most accurate, most secure cyber perimeters for your company possible, but if you’re not properly vetting suppliers who provide you IT services and procurement, you’re going to let them inside your doors and not even be aware that they’re there.
Teaching is more difficult than learning because what teaching calls for is this: to let learn. The real teacher, in fact, lets nothing else be learned than learning. His conduct, therefore, often produces the impression that we properly learn nothing from him, if by "learning" we now suddenly understand merely the procurement of useful information.
Translations for E-Procurement
From our Multilingual Translation Dictionary
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"E-Procurement." Definitions.net. STANDS4 LLC, 2024. Web. 24 Apr. 2024. <https://www.definitions.net/definition/E-Procurement>.
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