Group 7
Group 7
Corporate procurement
Direct Procurement
Indirect procurement
E-PROCUREMENT TWO BASIC GOALS
1. Control costs - The first goal is to
control corporate spending. Organizations
want to spend intelligently for procurement
activities to maximize the value of their
spending.
2. Simplify processes - The second goal is
to streamline the procurement process to
make it efficient.
The two goals of cost control and streamlining can
be met in three ways.
1. Streamline the e-procurement process within an
organization’s value chain.
2. Indirect materials
- in one industry are purchased as-needed using a practice
called spot sourcing.
FOUR TYPES OF EXCHANGES
4. Functional exchanges.
- Needed services such as temporary help or extra space
are traded on an as-needed basis.
3. Horizontal exchanges
- These are many-to-many e-marketplaces for indirect
materials.
a. E-Business Process
b. E-Business
c. E-Commerce
An “always on” facility is needed to maintain these
business critical apps.
a. Availability
b. Accuracy and Quick Response.
c. Building Competitive Advantage.
Online meetings and digital platforms improve
teamwork across locations.
a. Internal Communications
b. Marketing & Analytics
c. Collaboration & Remote Work
It is the process of a business selling products to
individual online using their website or app
a. E-Sourcing
b. E-Procurement
c. Sell Side Market Place
It refers to the re-engineered procurement
process using e-business technologies and
strategies.
a. E-Sourcing
b. E-Procurement
c. Sell Side Market Place
Thank You
So Much