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Today the business is changing rapidly over the period. Every enterprise need to develop new service offerings and new technologies has to be adopted or reconfigured. Most of the service companies are tied with traditional project techniques, which include a staged approach. These stages need to be compressed and changed to meet time-to-market demands. Today every enterprise must be agile enough to respond with changing requirements of their customers. Agility has becomes the basic key attribute today as business faces uncertain and volatile environments. E-Procurement makes it possible to automate buying and selling over the internet. Typically an e-Procurement-enabled website will have product comparisons across vendors and various processes like tendering, auctioning, vendor management, and catalogue and contract management. High-end e-procurement solutions allow organizations to define their own processes in the form of workflows - thus utilizing concepts of business process modeling. In this paper we present the findings from a recent survey on e-procurement in India and explain how an e-procurement can be used in such fast growing organization to speed up the business activity at the suitable agility level and its impact on centralization and firm's efficiency in the procurement process. |
