Like so many things it depends who you ask. For some it refers to the entire workflow from the moment a need is identified through to the final payment and warranty administration for a service or item. Others describe it as online sourcing and purchasing of items from a catalogue. Wikipedia says: “E-procurement (electronic procurement, sometimes also known as supplier exchange) is the business-to-business or business-to-consumer or business-to-government purchase and sale of supplies, work, and services through the Internet as well as other information and networking systems, such as electronic data interchange and enterprise resource planning.
The fact that printing and distributing the masses of paper it takes to construct a project is time consuming and expensive is undeniable. However, the reality is that this paper based distribution system is the industry standard and has been deeply integrated into the way projects are managed.
Welcome to our Blog. We are very excited to introduce the Etegri cloud-based Bid Event Platform. Etegri is the culmination of years of experience and effort directed at developing a major advance in the way bid events are conducted. It is founded on the premise of ensuring fairly managed events utilizing the best possible process, and increasing efficiency and decreasing cost for all participants.
About Etegri Blog
Our blog will periodically post information related to procurement with a focus on sourcing and bid processes and issues. We look forward to your participation.