What role does electronic information technology play in modern procurement?

Electronic information technology has played a very important role in modern procurement, mainly reflected in the following aspects:

Procurement process automation: The use of electronic information technology can automate the procurement process, including procurement demand confirmation, inquiry, price comparison, bidding, contract management, etc., so as to improve procurement efficiency and response speed.

Online bidding: Through online bidding, multiple merchants can compete on the same platform, so as to obtain the most preferential and high-quality products, thereby reducing procurement costs.

Data analysis: Through electronic information technology, a large amount of data generated in the procurement process can be analyzed, including the evaluation of the best businessmen, the analysis of procurement categories, etc., so as to improve the accuracy and scientificity of procurement decisions.

Business management: Through electronic information technology, the business information can be managed in a unified manner, including the registration, qualification review, credit evaluation, etc., so as to improve the efficiency and quality of business management.

Information sharing: Through electronic information technology, information sharing between procurement personnel and businessmen can be realized, reducing communication and information asymmetry, so as to enhance the transparency and cooperation effect of the procurement process.

To sum up, electronic information technology plays a vital role in modern procurement, which can help enterprises improve procurement efficiency, reduce procurement costs, and improve the scientificity and compliance of procurement management.

Introduction to the e-procurement system commonly used by enterprises

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E-procurement is a kind of procurement behavior initiated by the purchaser, which is a kind of online transaction without meeting, such as online bidding, online bidding, online negotiation, etc. This kind of bidding, bidding, negotiation and other activities carried out between enterprises on the Internet are defined as B2B e-commerce procurement.

E-procurement has the following advantages over traditional procurement:

1. Cost saving; 2. Improve efficiency; 3. Reduce inventory; 4. Optimize the process; 5. Information sharing.

What is e-procurement?

The procurement process is supported with appropriate networks, collaborative technology to facilitate the full lifecycle of the procurement process for buyers and buyers. This usually takes the form of real-time dynamic negotiations, where buyers and a group of pre-qualified merchants compete with each other through the use of a B2B sourcing platform to win buyers.

Advantages of e-procurement

The reason e-procurement has become so common is that, like many other areas of activity, the internet has brought buyers and merchants closer together, facilitating cost reductions, better communication, and more efficient processes.

Reduce costs

While saving money is only one aspect of good procurement practices, it is a major driver of e-procurement. Being able to reach a wider range of bidders, and the different bidding methods facilitated by the system, can provide buyers with incredibly successful results – the UK's recently conducted e-auction saved over 59% on mobile.

The e-procurement system also speeds up the procurement process – reducing the total time spent in the bidding process and the time that procurement managers spend on tenders – freeing up valuable time for them to focus on strategic activities.

In addition, the process efficiencies brought about by these systems reduce costs for both buyers and sellers, especially printing and paper costs.

Improve business relations

E-procurement can greatly improve the transparency and openness between buyers and merchants. The system provides a portal through which the vendor can see all of the vendor's bidding opportunities, with a clear list of deadlines, current status, and final results.

Fast communication and effective feedback are ensured through systematic interaction – so the business owner is always aware of the current situation.

E-procurement reduces geographical boundaries and coupled with clear tender announcements, allowing suppliers to effectively participate in more opportunities. This gives buyers the potential to develop relationships with companies that may have previously been an obstacle.

Improve or close rubber compliance and reduce risk

A systematic approach to the e-procurement process provides companies with control over their bidding process and provides an audit trail for compliance purposes.

It refers to the electronic purchase process of goods and services, including the whole process from the identification of procurement needs to the payment of procurement loans, and also covers activities such as delayed payment, such as contract management, business management and development, etc. Electronic procurement (e-procurement) is a kind of procurement behavior initiated by the purchaser, which is a kind of online transaction without meeting, such as online bidding, online bidding, online negotiation, etc. This kind of bidding, bidding, negotiation and other activities carried out between enterprises on the Internet are defined as B2B e-commerce, in fact, this is only one component of e-procurement. Electronic procurement than the general e-commerce and general procurement in essence has more concept extension, it not only completes the procurement behavior, but also the use of information and network technology to manage all aspects of the procurement process, effectively integrate the resources of the enterprise, help the supply and demand sides to reduce costs, improve the core competitiveness of the enterprise.

It can be said that the electronic procurement of enterprises is an indispensable and important part of the informatization of enterprise operations. The advantages of e-procurement, which frees businesses from manual methods of buying and selling their products, are significant in their own right, as buyers and sellers connect electronically and business transactions become seamless.

E-procurement is the act of purchasing and selling goods and services between enterprises through the Internet. E-procurement is an important part of many B2B** balances. eProcurement is also sometimes referred to as a "supplier exchange".

In general, eProcurement** allows qualified and registered users to access information about the goods and services of both the buyer and the seller. In this way, buyers and sellers can draw up a ** or conduct a tender, and a transaction can be started or completed. Ongoing buying activities can qualify customers for bulk discounts or discounts.

What is the situation of the electronic procurement model, you can implement online procurement through electronic bidding, online bidding, inquiry and comparison, etc. Through these electronic procurement methods, you can: 1. Reduce procurement costs and improve corporate profits; 2. Implement the whole process of electronic procurement to improve procurement efficiency; 3. You can establish a first-class business library, commodity library, project transaction library, etc., and carry out unified management of these transaction resources; 4. To achieve large-scale and centralized procurement, the procurement needs of the group headquarters and holding subsidiaries can be placed on the system for packaged procurement, so as to promote lower discounts for the best businessmen, thereby reducing costs.

Dear, for you to find out that the electronic procurement mode is suitable for electronic situations, you can implement online procurement through electronic bidding, online bidding, inquiry and comparison, etc. Through these electronic procurement methods, you can: 1. Reduce procurement costs and improve corporate profits; 2. Implement the whole process of electronic procurement to improve procurement efficiency; 3. You can establish a first-class business library, commodity library, project transaction library, etc., and carry out unified management of these transaction resources; 4. To achieve large-scale and centralized procurement, the procurement needs of the group headquarters and holding subsidiaries can be placed on the system for packaged procurement, so as to promote lower discounts for the best businessmen, thereby reducing costs.

<> electronic procurement system is to connect the various roles in the bidding process, such as the best business, the bidding agency, the bid evaluation expert, the first supervision agency, etc., enterprises, institutions and individuals to transmit the bidding data on the Internet, bid evaluation, bid opening are all using electronic means, through the network to publish the results of a bidding method. Let's take a look at the advantages of the e-procurement system!

1.The electronic procurement system can realize the seamless connection of different business processes, completely liberate the time and energy of the business personnel from the tedious transactional work, make them pay more attention to the most needed management work, and improve the efficiency of the distribution of the town.

2.Increase the control of procurement costs and reduce the operating costs of travel enterprises. Effectively monitor the implementation of the procurement plan and the changes in procurement costs, help procurement personnel expand the scope of sourcing, select the best quality suppliers, ensure that the procurement work is carried out with high quality, high efficiency and low cost, so that the enterprise is in the best supply state.

3.Provide efficient and complete information resource services for enterprise management, use big data and cloud computing technology to analyze the data resources of bidding and procurement transactions, and provide reference for leadership decision-making.

4.It realizes the dynamic management of the first-class business database and expert database. For every potential businessman and expert who participates in the bidding, the warehousing verification management can be implemented, which greatly improves the accuracy and credibility of the information.

5.It realizes data information sharing and efficient utilization. The electronic procurement management system is connected with other external systems, and the relevant data of each system is transmitted in real time to form data resource sharing and avoid information blind spots.

In short, the Internet + electronic procurement management system, as the core of the future development of the bidding industry, can play a positive role in improving management capabilities, exerting operational efficiency, breaking information blind spots, carrying out real-time supervision, and ensuring market order.