Examples of e-Procurement applications and tools
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... Examples of e-Procurement applications and tools The advancement of communication technologies such as intranet, extranet, Electronic Data Interchange, and Virtual Private Network (VPN) has propelled companies into coordinating their purchasing, production, and distribution activities via the internet. E-business refers to the application of technologies, especially Information and Communication Technologies (ICTs), to undertake or sustain business activities and processes, inclusive of research and development, procurement, design and development, manufacturing, operation, logistics, finance, value chain integration, HRM, design and development (Boone and Kurtz 2011, p.4). Procurement refers to the ...