A Study to Identify Factors That Affect e-Procurement Implementation

Author(s):

Prakashkumar Hasmukhbhai Patel , Assistant professor, C K Shah Vijapurwala Institute of Management, Vadodara; Dr. Satendrakumar, Head, PhD Research Centre, C. K. Shah Vijapurwala Institute of Management, Vadodara; Dr. Rajesh Khajuria, Director, PhD Research Centre, C. K. Shah Vijapurwala Institute of Management, Vadodara

Keywords:

Information Technology(IT), Information and Communication Technology(ICT),Procurement, e-Procurement, e-Tendering

Abstract:

Information Technology (IT) is very powerful in today’s age and it is the backbone of the Indian Industry. It had a great impact in almost all aspects of life such as economy, business, enterprise etc. The global economy is currently undergoing fundamental transformation in which IT plays a key role. Information Technology has change the way of doing Business. Advancements in information and communication technology (ICT) have made possible fundamental changes in the methods of practice of all businesses and industries. The importance of proper management of procurement is highlighted by the fact that it account for substantial portion of firm’s resources and time. In such a highly competitive environment nowadays, it is necessary for every firm to maintain an efficient and effective procurement to cut administration cost and to keep abreast of the market condition to procure material and services at the right price, quality and time. Hence, use of Information technology in procurement process is highly required. Therefore, the present study makes an attempt to identify factors that affect implementation of e-procurement.

Other Details:

Manuscript Id	:	IJSTEV2I9083
Published in	:	Volume : 2, Issue : 9
Publication Date	:	01/04/2016
Page(s)	:	264-268

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