Abstract
The internet has become the prime driver of contemporary E-commerce. E-procurement is important aspect of e-commerce where exchange of the information about the order is done. Data Interchange to the internet, the focus is still on the technology required to exchange information rather than supporting process crossing organizational borders. Selection of the supplier is the most important aspect of both the traditional EDI and B2B E-commerce. In this paper we design an workflow model of e-procurement for selection of the supplier is done by considering the traditional aspects of performance quality and performance analysis tool work flow ne a concept of Petri net.
Highlights
The B2B e-commerce is becoming an increasingly important method of conducting buying and selling processes
The e-procurement model of b2b is shown in the figure 1, which starts from the market demand to user requirement to manufacturer order for the product
Manufacturer order for the product goes to the procurement process which consists of request for the material and procurement of service
Summary
The B2B e-commerce is becoming an increasingly important method of conducting buying and selling processes. The internet has given way for supplying of enterprises from smallest enterprises to largest corporations to establish global presence. The supplying enterprise has the opportunity to reach geographically dispersed markets that would be cost prohibitive to consider. E-procuring have the opportunity to select the best suppliers, by the best supplier is the one who can supply the sub product at less delivery time and the throughput. The choice of suppliers plays an important role in reducing the wastage. The increasingly competitive global world markets put industries under intense pressure to find ways to cut material costs to survive and sustain their competitive position in their respective markets.
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