In today's business world, procurement is an essential component of any organisation. Traditionally, procurement involved trial and error to find suppliers who met your day-to-day needs, as well as endless paperwork with the procurement department and vendor. Fast forward to digital India, where procurement has taken a new turn due to emerging technology. Providing alternatives to traditional procurement methods by E-sourcing / E-procurement.
Pain points of Traditional Procurement That Managers Face:
- Every company has a purchasing department where the production and operation activities are directly dependent on the purchasing department completing commitments on time. The commitment being best pricing for the quality, vendor capability to fulfilment & on-time deliveries.
