oboloo

oboloo Glossary

Automation In Procurement

oboloo Glossary

Automation In Procurement

Automation in procurement is the use of technology and systems to streamline the purchasing process. It seeks to reduce manual labor, automate the tracking and management of orders, and increase efficiency. Automation in procurement can include anything from creating digital purchase orders, to automating the entire procurement process. Automation in procurement can help organizations reduce costs, increase speed and accuracy, and improve customer service. It can also help to reduce errors, save time, and improve supplier relationships. Automation in procurement allows businesses to reduce their reliance on manual processes and move toward a more automated system. Automation in procurement can take many forms, such as using electronic data interchange (EDI) to automate the transfer of information and documents between buyers and suppliers. Automation can also be used to track purchase orders, monitor inventory levels, and optimize supplier sourcing. Automation can help streamline the entire procurement process.

Want to find out more about procurement?

Access more blogs, articles and FAQ's relating to procurement

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

© 2024 oboloo Limited. All rights reserved. Republication or redistribution of oboloo content, including by framing or similar means, is prohibited without the prior written consent of oboloo Limited. oboloo, Be Supplier Smart and the oboloo logo are registered trademarks of oboloo Limited and its affiliated companies. Trademark numbers: UK00003466421 & UK00003575938 Company Number 12420854. ICO Reference Number: ZA764971