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E-procurement as a Supply chain solution

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The steps involved in the e-procurement process are detailed as follows:

1) The employees can search for a product on the Web, check on its availability, and create a purchase order using the e-procurement software.

2) The order is sent across to the supplier directly and fulfilled.

3) Then an invoice is automatically processed and sent to the back-office financial applications.

4) Here the information is analyzed and then suitably reported.

5) The management can view their supply chain performance by accessing the reports from the Data warehouse.