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QUESTIONS 1. Prepare a comprehensive advertisement for the procurement of good using e-procurement approach. 2. Give a detailed...

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General Management

QUESTIONS

1. Prepare a comprehensive advertisement for the procurement ofgood using e-procurement approach.

2. Give a detailed account on how to procure the service of aconsultant

Answer & Explanation Solved by verified expert
4.3 Ratings (583 Votes)
1 eProcurement or electronic procurement is the process of purchasing and sale of goods or services via the electronic methods and procedures using the internet facilities This method is the alternative process of the manual procurement and superior with many aspects than the manual procedures In recent times the organizations both private public and government organizations are using the eprocurement methods for the potential result curb irregularities and eliminate unnecessary costs Electronic procurement consists of many components and organizations invest a lot of resources for the procuring of goods services and raw materials to the system and supply chain management is very essential for any business The major elements are RFX creation Index Management eAuctioning eTendering Contract Management and Vendor Management An eprocurement process completely automates the entire procedures hasslefree and designed to meet the buyer and supplier in the same platform with the submission of    See Answer
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