ProcureLink Enterprises is a medium$-$sized procurement and supply chain

management company that operates in various industries. The company recognizes the

potential benefits of adopting e$-$procurement strategies to enhance efficiency, reduce costs,

and streamline procurement processes. However, it is facing challenges in understanding

the evolution of e$-$procurement, establishing effective pricing and business strategies,ProcureLink Enterprises is a medium$-$sized procurement and supply chain

management company that operates in various industries. The company recognizes the

potential benefits of adopting e$-$procurement strategies to enhance efficiency, reduce costs,

and streamline procurement processes. However, it is facing challenges in understanding

the evolution of e$-$procurement, establishing effective pricing and business strategies,ProcureLink Enterprises is a medium$-$sized procurement and supply chain

management company that operates in various industries. The company recognizes the

potential benefits of adopting e$-$procurement strategies to enhance efficiency, reduce costs,

and streamline procurement processes. However, it is facing challenges in understanding

the evolution of e$-$procurement, establishing effective pricing and business strategies, implementing online catalogues, and leveraging online auctions. Describe the evolution of

e$-$procurement, including its various stages and technological advancements and explain

how understanding this evolution can guide ProcureLink Enterprises in developing a

robust e$-$procurement strategy. Also, recommend pricing models and business strategies

that ProcureLink Enterprises can adopt to ensure competitiveness and profitability in the eprocurement marketplace.