Advancement of online technology has provided opportunities for cheaper effective outsources of goods and services from all corners of the globe. Several organizations are adopting best practices in e-procurement to procure goods and outsource services more cost effectively. Procurement professions and other employees involved in the procurement process require this essential set of skills.

This course explores key aspects in design development and implementation of an e-procurement system in an organization. The training will cover e-procurement, current trends, options, and tools currently available in the marketplace. It will explore technology resources and methods of selection of technology suppliers and vendors. A step-by-step process for online sourcing and negotiation and a discussion on the use of third-party facilitators and enablers will be discussed.

Objectives
By the end of training participants will be able to:

• Have a clear understanding of e-procurement concept and processes
• Gain the knowledge to implement and effectively manage an e-procurement system
• Justify and measure the ROI for an e-procurement system in the organizations
• Appreciate and understand e-vendor management, monitoring and evaluation