ELECTRONIC PROCUREMENT PLATFORM
International Research Journal of Modernization in Engineering Technology and Science · 2023
The e-procurement is a digital platform that facilitates the procurement process by integrating technology, communication, and supply chain management.It is designed to streamline and automate various stages of procurement, including requisitioning, sourcing, bidding, contract management, and supplier relationship management.The e-procurement enables organizations to conduct procurement activities electronically, eliminating manual paperwork and enhancing efficiency.It provides a centralized platform where users can create and manage procurement requests, collaborate with suppliers, and track the entire procurement lifecycle.E-procurement is the use of electronic methods to automate the procurement process.It can be used by businesses of all sizes to purchase goods and services from suppliers.E-procurement can help businesses to save time and money, improve efficiency, and increase transparency.