Procurement in any organisation involves around 30% of the total Budget in a year. Transparent, efficient and timely procurement is indispensable for successful achievement of the objectives and reputation of any organisation. The paper highlights the benefits of e-procurement systems as Central Government and state governments of India as well as Public Sector undertakings of India have now shifted from conventional procurement practices to e-procurement through the use of modern enterprise resource planning (ERP) systems and network exchanges.
Impact Factor
2017: 6.614
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