1. Some examples
1.1. Online catalogs
1.1.1. Available on each computer
1.1.2. Low-cost purchases are made
1.1.3. it is public access
1.2. Auctions
1.2.1. interact
1.2.1.1. Buyers
1.2.1.2. Sellers
1.3. RFQs
1.3.1. Investigate available providers
1.3.1.1. inter-company exchange document
1.3.1.1.1. Materials Products Services
1.4. Real- Time Inventory Tracking
1.4.1. Using barcode
1.4.1.1. They follow the product in the distribution system
1.4.1.2. The customer knows when he can pick them up
1.5. Strategic sourcing in procurement
1.5.1. It is a process
1.5.1.1. examines costs of
1.5.1.1.1. shopping
1.5.1.1.2. transport
1.5.1.1.3. maintenance
1.5.1.1.4. support
1.5.2. A systematic process of
1.5.2.1. Expense analysis
1.5.2.2. Internal and external influences
1.5.2.3. Discover type of relationships with suppliers
1.5.3. It is a new strategy
1.5.3.1. It is used to consider the total cost of a product or service.
2. the electronic documents
2.1. Provide similar levels of security that the paper
2.1.1. a greater degree of
2.1.1.1. Reliability
2.1.1.2. Speed
3. New technologies have modified the traditional way of contracting.
3.1. Reduce costs
3.2. Improves competitiveness
4. Frequent transactions
4.1. establish
4.1.1. Electronic data exchange (EDI).
4.1.1.1. these improve the supply chain established