E-procurement for increasing agility of Business Processes: A Case study & Critical Research Reviews

Today, business is changing rapidly. Every enterprise needs to develop new service offerings and new technologies have to be adopted or reconfigured to stay in competition. Most service companies are tied with traditional project techniques, which include a staged approach. These stages need to be compressed and changed to meet time-to-market demands. Today every enterprise must be agile enough to respond to changing requirements of their customers. Agility has becomes the key attribute of business today as it faces uncertain and volatile environments. The enterprises operating in highly dynamic environment need agile processes. EProcurement makes it possible to automate buying and selling over the internet. Typically an eProcurement-enabled website will have product comparisons across vendors and various processes like tendering, auctioning, vendor management, and catalogue and contract management. High-end eprocurement solutions allow organizations to define their own processes in the form of workflows thus utilizing concepts of business process modeling. In this paper we present the findings from a recent survey on e-procurement in India and explain how eprocurement can be used in such fast growing organization to speed up the business activity at the suitable agility level and its impact on operational efficiency in the procurement process.