Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
6th Edition
ISBN: 9781285869681
Author: Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher: Cengage Learning
Question
Book Icon
Chapter 2, Problem 8DQ
Summary Introduction

To provide: The list of major documents that are included in a suite of e-procurement tools.

The purchasing process:

The purchasing process encompasses all the activities as shown below:

  • Identification of user requirements.
  • Evaluation of the user needs effectively and efficiently.
  • Identification suppliers who are capable to meet the demand.
  • Development of agreement with those suppliers.
  • Development of the ordering mechanism.
  • Ensure that the payment process occurs promptly.
  • Ascertaining that the needs are effectively met and
  • Driving continuous improvement.

Blurred answer
Students have asked these similar questions
Analyze the strategies and best practices for negotiating IT procurement contracts with vendors to ensure favorable terms and cost savings.
What are the essential features and functionalities to consider when selecting an e-procurement solution for an organization?
Discuss the advantages and disadvantages of using e-commerce in the procurement process.
Knowledge Booster
Background pattern image
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Practical Management Science
Operations Management
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:Cengage,
Text book image
Operations Management
Operations Management
ISBN:9781259667473
Author:William J Stevenson
Publisher:McGraw-Hill Education
Text book image
Operations and Supply Chain Management (Mcgraw-hi...
Operations Management
ISBN:9781259666100
Author:F. Robert Jacobs, Richard B Chase
Publisher:McGraw-Hill Education
Text book image
Business in Action
Operations Management
ISBN:9780135198100
Author:BOVEE
Publisher:PEARSON CO
Text book image
Purchasing and Supply Chain Management
Operations Management
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Cengage Learning
Text book image
Production and Operations Analysis, Seventh Editi...
Operations Management
ISBN:9781478623069
Author:Steven Nahmias, Tava Lennon Olsen
Publisher:Waveland Press, Inc.