Recommended
More Related Content
What's hot
What's hot (20)
Similar to Computerized purchasing
Similar to Computerized purchasing (20)
Recently uploaded
Recently uploaded (20)
Computerized purchasing
- 1. Computerized Purchasing/ e-procurement Presenting to Ms. Sneha Dohare Asst. Professor CABM Presenting by Hemant Kumar Aditya ID No. 52644 CABM
- 2. Purchasing system A method used by businesses to buy products and/or services. A purchasing system manages the entire acquisition process, from requisition, to purchase order, to product receipt, to payment. Purchasing systems are a key component of effective inventory management in that they monitor existing stock and help companies determine what to buy, how much to buy and when to buy it.
- 3. E-PURCHASING / E-PROCUREMENT Using internet or intranet based information systems software to coordinate the buying, shipping, inventory management, supplier selection, and approval process of vital business acquisitions within the organizations core competency. E-procurement is the business-to-business or business-to consumer or business-to- government purchase and sale of supplies, work, and services through the Internet. E-procurement helps to achieve benefits such as increased operational efficiency and cost reduction.
- 8. STEPS TO E-PROCUREMENT Requisition Authorization Purchase Order Receipt of Goods Invoice Reconciliation Payment Reclamation of Taxes Analysis
- 11. Challenges in the Indian context The lack of IT infrastructure Sourcing goods through online (internet/website) channels is relatively unheard of Despite relatively high levels of computerization, many organizations find it easier to do business over the telephone Limited internet and broadband penetration especially in rural areas, where companies Need to ensure an uninterrupted connection.
- 12. Scope of E-Procurement E-Procurement makes it possible to automate buying and selling over the internet. Typically an e-Procurement-enabled website will have product comparisons across vendors and various processes like tendering, auctioning, vendor management, catalogue and contract management. High-end e-procurement solutions allow organizations to define their own processes in the form of workflows - thus utilizing concepts of business process modeling.