Application of Technology

E-Procurement systems can be utilised in the Request for Information (RFI), Request for Proposal (RFP) and Request for Quotation (RFQ) process as well as for e-Tendering, e-Auctioning, vendor management, catalogue management, purchase ordering, order status, shipment status, e-invoicing, e-payment and contract management.

CIPS Procurement Topics

Related concepts

Cloud Computing in Supply Chain

Cloud-based solutions allow ... firms to quickly and effectively identify, experiment with, and deploy external technical solutions without compromising operational efficiency (Aral et...

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eAuctions (Reverse Auctions)

Reverse auctions create an environment where suppliers bid against each other for a contract. This environment encourages competition with the result that goods and services are offered...

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ECommerce offers a wide range of benefits to customers and to businesses, including cost and time savings (Laudon and Laudon, 2007).

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