About University
About University
Cradled in the lap of mountains at the foothills of auspicious Trikuta, besides the river Tawi at an altitude of 1030 ft. is Jammu. This 'city of temples' has many places...
E-Procurement
e-procurement, also known as electronic procurement, is the process of purchasing goods and services through digital channels, particularly the Internet. By utilizing e-procurement, organizations can streamline their procurement processes, reduce costs, and increase efficiency. The benefits of e-procurement include the ability to compare prices and suppliers, automate repetitive tasks, reduce paperwork, improve supplier relationships, and enhance transparency and accountability.
e-procurement can also help organizations achieve better compliance with procurement policies and regulations, as well as provide better control over expenditures and inventory. Implementing an e-procurement system can involve several stages, such as identifying procurement needs, selecting suppliers, issuing purchase orders and invoices, as well as receiving and accepting deliveries.
e-procurement systems can vary in their complexity and sophistication, depending on the size and needs of the organization. Various e-procurement systems and platforms are available in the market, including private e-procurement systems developed for specific organizations, as well as government-supported systems like the Government e-Marketplace (GeM) in India.