ADMS 3521 Lecture Notes - Lecture 12: E-Procurement, Management System, Computing Platform

• School: York University
• Department: Administrative Studies
• Course: ADMS 3521
• Professor: John Kucharczuk

Document Summary

Chapter 12 b2b e-commerce: supply chain management and collaborative. Learning objectives: understand the procurement process, the supply chain, and collaborative commerce. Procurement process: refers to the way business firms purchase the goods they need in order to produce the goods they will ultimately sell to consumers. Searching for suppliers for specific products: qualifying the sellers and the products they sell, negotiating prices, credit terms, escrow requirements, and quality of requirements. Each step is composed of separate sub-steps that must be recorded in the information systems of the buyer, seller, and shipper. Purchase of direct goods goods directly involved in production process. Purchase of indirect goods goods needed to carry out production process but not directly involved in creating end product: contract purchases long-term agreements to buy a specified amount of a product. Spot purchases for acquisition of goods that meet the immediate needs of a firm (indirect purchases are most often spot purchases)