{"id":7930,"date":"2016-03-01T15:50:52","date_gmt":"2016-03-01T15:50:52","guid":{"rendered":"https:\/\/www.techopedia.com\/definition\/e-procurement\/"},"modified":"2017-01-19T16:32:39","modified_gmt":"2017-01-19T16:32:39","slug":"e-procurement","status":"publish","type":"definition","link":"https:\/\/www.techopedia.com\/definition\/15427\/e-procurement","title":{"rendered":"E-Procurement"},"content":{"rendered":"<h2><span id=\"what_does_e-procurement_mean\">What Does E-Procurement Mean?<\/span><\/h2>\n<p> E-procurement typically describes business-to-business purchases that are done online or over some digital network or platform. This is a rather broad description of many transactions that happen based on modern technologies and business and vendor partnerships.\n<\/p>\n<h2><span id=\"techopedia_explains_e-procurement\">Techopedia Explains E-Procurement<\/span><\/h2>\n<p> The term e-procurement is often associated with other terms like supplier exchange and supply-chain management. E-procurement systems may involve a component of competition and price analysis. One way to understand conventional e-procurement is that it is different from consumer e-commerce, where the dominant model involves shopping carts and user-friendly Web-delivered interfaces. With e-procurement, the interface is more often set up in a way that facilitates commercial transactions, with specialized invoicing, purchase orders, shipping and payment tools. E-procurement systems also differ depending on whether or not they&#8217;re used in the public sector or in government.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What Does E-Procurement Mean? E-procurement typically describes business-to-business purchases that are done online or over some digital network or platform. This is a rather broad description of many transactions that happen based on modern technologies and business and vendor partnerships. Techopedia Explains E-Procurement The term e-procurement is often associated with other terms like supplier exchange [&hellip;]<\/p>\n","protected":false},"author":7813,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","om_disable_all_campaigns":false,"footnotes":""},"definitioncat":[231,232],"class_list":["post-7930","definition","type-definition","status-publish","format-standard","hentry","definitioncat-it-business-alignment","definitioncat-e-commerce"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.2 (Yoast SEO v24.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is E-Procurement? - Definition from Techopedia<\/title>\n<meta name=\"description\" content=\"This definition explains the meaning of E-Procurement and why it matters.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"E-Procurement\" \/>\n<meta property=\"og:description\" content=\"This definition explains the meaning of E-Procurement and why it matters.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.techopedia.com\/definition\/15427\/e-procurement\" \/>\n<meta property=\"og:site_name\" content=\"Techopedia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/techopedia\/\" \/>\n<meta property=\"article:modified_time\" content=\"2017-01-19T16:32:39+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@techopedia\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.techopedia.com\/definition\/15427\/e-procurement#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.techopedia.com\/definition\/15427\/e-procurement\"},\"author\":{\"name\":\"Margaret Rouse\",\"@id\":\"https:\/\/www.techopedia.com\/#\/schema\/person\/f5dd538e31ee352d105b8af36c4268a5\"},\"headline\":\"E-Procurement\",\"datePublished\":\"2016-03-01T15:50:52+00:00\",\"dateModified\":\"2017-01-19T16:32:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.techopedia.com\/definition\/15427\/e-procurement\"},\"wordCount\":139,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.techopedia.com\/#organization\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.techopedia.com\/definition\/15427\/e-procurement#respond\"]}],\"articleSection\":\"\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.techopedia.com\/definition\/15427\/e-procurement\",\"url\":\"https:\/\/www.techopedia.com\/definition\/15427\/e-procurement\",\"name\":\"What is E-Procurement? 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