E-procurement Definition:

  1. You can define E-procurement as, Electronic shopping. Companies that use the Internet to buy or sell products and services to other companies.


Literal Meanings of E-procurement


Meanings of E:
  1. Euro or Euro.

  2. An electron

  3. The transcendental number, which is the basis of the natural or natural logarithm, is approximately equal to 2. 2.71828.

  4. The fifth letter of the alphabet

  5. In the form of a capital letter E.

  6. The third note of the C major ditonic scale.

  7. West east.

  8. Easter

  9. Ecstasy pills or ecstasy pills.

  10. Engineer or engineer.

  11. English

  12. Electronically

  13. The power of the electric field

  14. The force of electrical motion.

  15. Energy


Meanings of Procurement:
  1. The process of reaching or acquiring something.

Synonyms of Procurement

procurement, attainment, gain, procuring, acquiring, appropriation, obtaining, gaining, amassing, collection, collecting


E-procurement applications support indirect costs by providing casual users (ie non-procurement professionals) with a self-service solution for requesting and ordering goods and services. While e-procurement solutions are designed to indirectly control costs by allowing people to initiate an application process and select purchases, they are sometimes configured for direct procurement of materials when scheduled replenishment is not feasible.