Electronic procurement (e-procurement)

Electronic procurement (e-procurement),

Definition of Electronic procurement (e-procurement):

  1. The use of the internet or a companys intranet to procure goods and services used in the conduct of business. An e-procurement system can streamline all aspects of the purchasing process while applying tighter controls over spending and product preferences.

Meaning of Electronic procurement (e-procurement) & Electronic procurement (e-procurement) Definition