The Role of E-Procurement in Modern Supply Chains: Enhancing Decision-Making with Real-Time Data and
The role of e-procurement in modern supply chains is transforming decision-making by providing access to real-time data and analytics. E-procurement platforms gather comprehensive data from each transaction, providing businesses with insights into spending patterns, supplier performance, and inventory levels. This data-driven approach enables businesses to make more strategic decisions, improve purchasing efficiency, and optimize their supply chain processes.