Capterra Glossary
E-Procurement
E-procurement programs or applications allow people to request or order goods. These systems are designed to be self-service for individuals who are not procurement professionals.
What Small and Midsize Businesses Need to Know About E-Procurement
A small business may benefit from an e-procurement solution to streamline internal ordering processes. These tools enable anyone within that business to request certain items.
Related Terms
- Enterprise Resource Planning (ERP)
- Procurement
- Total Cost of Ownership (TCO)
- Vendor
- Supply Chain Planning (SCP)
- Telematics
- Senpai
- Vendor Management
- Value-Added Reseller (VAR)
- Bill of Materials (BOM)
- Supply Chain
- Smart Factory
- Scanner
- SCADA (Supervisory Control and Data Acquisition)
- Radio-frequency Identification (RFID)