Digital Procurement Definition

Digital procurement is the term used to describe the process of procuring goods and services using digital technologies. This includes online marketplaces, online catalogues, and electronic tendering systems. It can also refer to the use of social media for procurement purposes.

The main advantage of digital procurement is that it can help to speed up the procurement process and make it more efficient. It can also help to reduce costs by making it easier to compare prices and find the best deals. In addition, digital procurement can help to improve transparency and accountability in the procurement process.