E-Purchasing

That individual E-Purchasing creates strategic advantage through improved customer relationships resulting from greater business efficiency and better information access and flexibility. This module will discuss the knowledge needed for professionals to re-evaluate their purchasing processes and identify new types of e-procurement tools. We need to know how companies are benefiting from e-procurement methods to manage the documents flow by automating the process of generating documents and electronically transmitting purchase documents to suppliers. This approach will eliminate paperwork, reduce error and time, improve communication and lower overhead cost in purchasing.