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E-Procurement
E-procurement programs or applications allow people to request or order goods. These systems are designed to be self-service for individuals who are not procurement professionals.
What Small and Midsize Businesses Need to Know About E-Procurement
A small business may benefit from an e-procurement solution to streamline internal ordering processes. These tools enable anyone within that business to request certain items.
Related terms
- Procurement
- Bill of Materials (BOM)
- Advanced Driver Assistance Systems (ADAS)
- Smart Factory
- Strategic Sourcing
- Value-Added Reseller (VAR)
- Telematics
- Supply Chain
- Vendor
- Enterprise Resource Planning (ERP)
- Supply Chain Planning (SCP)
- Scanner
- SCADA (Supervisory Control and Data Acquisition)
- Total Quality Management (TQM)
- Vendor Management
- Senpai
- Radio-frequency Identification (RFID)
- Loopback
- Total Cost of Ownership (TCO)
- Electro Mobility (e-Mobility)
