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Disadvantages Of E-Procurement

2309 Words10 Pages

E- COMMERCE AND E- PROCUREMENT

Miss.R.Lavanya1 , A.Balaji Ashok2 , S.Amarnath rao3 , 1Assistant Professor, 2,3 P.G Student , Department of Management Studies, Gates Institute of Technology, Gooty, A.P (INDIA)

ABSTRACT In this paper, we analyze the potential contribution of the internet and its commercial application to the development process in developing countries and developed countries . In historical perspective, the internet has created faster rate of growth compare to past from 1990 to 2000, the estimated number of internet …show more content…

E-Tendering : Unordered list item sending requests for information and prices to suppliers demand receiving their responds.

4. E-Sourcing : Identifying suppliers for a specific category of purchasing requirements.

Advantages of adopting E-Procurement
 E-procurement enhances the comparability of prices and suppliers
 Effective E-procurement minimizes process costs by fast transaction of the purchasing orders.
 E-procurement reduces the energy expended. Especially at purchasing office equipment and other commodities.
 Effective E-procurement minimizes process costs by fast transaction of the purchasing orders.

The ultimate in E- procurement is transmitting your requirement to a third party (via internet) so that the third party can affect your purchases for you. The authors are aware of a firm called Interactive buyers network (IBNL) , which provides that very service.

ROADBLOCKS TO E-PROCUREMENT

1. Industry needs to develop standardized tools and a unified approach for encrypting data that will work for everybody so we can move forward.

2. They need to identify the advantages of web-browser software. When they realize that the cost of using a browser is cheap than a telephone call and more convenient they will use the

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