How e-procurement facilitate supplier relationship

Prior to the emergence of e-procurement, the procurement process was more or less paper based and face-to-face interactions between buyers and suppliers. The emergence of e-procurement was greeted with high criticism as regards to how it can ensure supplier relationship. It was believed that the non existence of face-to-face interactions between business partners with the use of e-procurement, it will be difficult to establish buyer-supplier relationship. Over the years, the criticism by managers on how e-procurement can facilitate supplier relationship had led to this research and it had demonstrated that e-procurement can facilitate relationships between buyers and suppliers through information sharing, integration, partnership, supply base consolidation, coordination and collaboration. Also, managers had over the years questioned how e-procurement contributes to the performance of supply chain management. In this book, e-procurement had been found to have a critical impact on cost reduction and internal efficiency through the automation and streamlining of the procurement processes.

Autorentext

Oghoore O. Nelson received his bachelor's degree (B.Sc Hons) in Business Administration from the university of Lagos and went on to receive his masters (M.Sc) in Purchasing and Supply Chain management from the Robert Gordon University, United Kingdom. He worked with Beneprojecti Limited as a procurement specialist between 2007-2009.