Define the elements of establishing e-procurement


Your team has been chosen to develop a business case for implementing an E-Procurement system for your commodity products.
Identify a company that you are familiar with and provide one example of a commodity product they use.

Write a 700- to 1050-word paper in which the team will:

• Define the elements of establishing E-Procurement with the commodity supplier.

• ERP/MRP system

• Transactions

• Forecasting

• Ordering

• Advance Shipping Notification

• Financial transactions

• Other- explain

• Supplier Communication

• Explain the benefits of E-Procurement.

• Identify the challenges of implementing and maintaining an E-Procurement system and recommend mitigation actions.

Format the paper according to APA standards

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Microeconomics: Define the elements of establishing e-procurement
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