A STUDY TO IDENTIFY FURTHER UPGRADATION OF IT TO SUPPORT PROCUREMENT PROCESS

Prakash Kumar Hasmukhbhai Patel, ciung ciung, Satendra Kumar, Rajesh Khajuria

Abstract


Electronic procurement (E-Procuremrnt) was touted as revolutionizing the supply chain and offering organizations a vast number of advantages. Such hype has caused business to focus on the supply function to a greater extent than in the past. The savings promised were too good not to consider and many organizations needed to make these savings to stay competitive.The purpose of the research is to study the further up gradation of Information Technology (IT) to support the procurement process and to identify the significant difference of further up gradation of Information Technology (IT) to support the procurement process across industry, Size and Ownership of the firm. The current study is a descriptive study, for which, primary data were collected through structured questionnaire with the help of personal survey method. The sampling unit is an Executive and/or a Manager concerned with Procurement activities of an organisation. The sampling technique adopted for the survey is non-probability convenience sampling technique. In this study, researchers used SPSS 20 to analyze the data and using nonparametric statistics. There is a significant difference of further up gradation of Information Technology (IT) to support the procurement process across industry, Size and Ownership of the firm.

Keywords


Information Technology (IT), E-procurement, Marketplace, EDI, Web-EDI

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DOI: http://dx.doi.org/10.21844/mijia.v12i02.6979

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