Question: Small dollar value purchase orders can be efficiently and effectively managed by 23 implementing an e-procurement application. An online catalog is a digitized version of

by 23 implementing an e-procurement application. An online catalog is a digitized

Small dollar value purchase orders can be efficiently and effectively managed by 23 implementing an e-procurement application. An online catalog is a digitized version of a supplier's catalog that can be customized to include the specific items, prices, and other terms and conditions negotiated by the buyer 24 and seller. A maverick buyer is a talented member of the supply department whose creativity and 25 innovations have saved the organization large sums of money. 26 An online reverse auction may result in significant upfront preparation and cost

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Small dollar value purchase orders can be efficiently and effectively managed by implementing an e - procurement application.

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