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The portal has transformed public procurement in India [1] by driving its three pillars, namely, inclusion, usability and transparency and efficiency and cost savings. [7] According to an independent assessment made by the World Bank, average savings for buyers in Government e Marketplace portal is about 9.75% on the median price. [8]
The term Public eProcurement ("electronic procurement" in the public sector) refers, in Singapore, Ukraine, Europe and Canada, to the use of electronic means in conducting a public procurement procedure for the purchase of goods, works or services . eProcurement compared to normal procurement allows greater transparency, better competition and ...
Super-apps. v. t. e. E-procurement (electronic procurement, sometimes also known as supplier exchange) is a collective term used to refer to a range of technologies which can be used to automate the internal and external processes associated with procurement, strategic sourcing and purchasing. [1]
Business administration. Procurement is the process of locating and agreeing to terms and purchasing goods, services, or other works from an external source, often with the use of a tendering or competitive bidding process. [1] The term may also refer to a contractual obligation to "procure", i.e. to "ensure" that something is done.
Procure-to-pay. Procure-to-pay (also known as Purchase to Pay (P2P)) is a term used in the software industry to designate a specific subdivision of the procurement process. The P2P systems enable the integration of the purchasing department with the accounts payable (AP) department. Some of the largest players of the software industry agree on ...
Lerner David LLP is an intellectual property boutique law firm with offices in the United States, China and Japan. It specializes in intellectual property (IP) disciplines including, among them, patents, trademarks, copyrights, Internet law and trade secrets. Founded in 1969, the firm provides legal advice to clients on intellectual property ...
The national e-Procurement portal, which is currently merely an information tool, is destined to become the central procurement mechanism for the entire Portuguese public administration. Other considerable infrastructure initiatives that have taken place are: [133] CITIUS, which enables the electronic submission of documents for court use.
The government procurement in Russia represents a big segment of the budgetary expenses. The volume of government purchases makes about 25 trillion rubles in 2015 and 30 trillion rubles in 2016. [1] The government purchases system is constantly modernized due to changes in legislation, technical components and information.