Digital Procurement is a business term that refers to the use of digital technologies to manage the procurement process. It involves the use of online tools and platforms to streamline the procurement process, from sourcing and purchasing to contract management and payment. It is a way to increase efficiency and reduce costs, as well as improve the overall customer experience. Digital Procurement enables businesses to quickly and easily identify the best suppliers, compare prices, and make the best purchasing decisions. It also helps to reduce paperwork and streamline the entire process, from order placement to delivery. Digital Procurement is becoming increasingly popular in today’s digital age, as businesses are recognizing the value of using digital technologies to streamline their procurement processes.
