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MSTC renders service to various e-commerce sectors, including e-auction, e-procurement, high sea sales, e-sales, and retail software. MSTC had developed software to conduct online draw for new LPG distribution ship scheme which was conducted by state run oil marketing psu's all over India. [ 2 ]
Government e Marketplace (GeM) is an online platform for public procurement in India. [1] The initiative was launched on 9 August 2016, by the Ministry of Commerce and Industry, Government of India with the objective to create an open and transparent procurement platform for government buyers. [2]
Rashtriya e-Market Services (ReMS) is established as a joint venture of Government of Karnataka (India) and NCDEX spot exchange limited with equal shareholding. It was conceived to blend public interest with the initiative of a private enterprise for establishing, operating, managing a specialized electronic trading platform called Unified Market Platform (UMP) for auctioning of farmer's produce.
E-procurement (electronic procurement, sometimes also known as supplier exchange) is a collective term used to refer to a range of technologies which can be used to automate the internal and external processes associated with procurement, strategic sourcing and purchasing.
In Germany, e-procurement solutions must be used for many public procurement procedures. [8] The data generated by these solutions is rarely analyzed because of the "complexity of the technological environment, the need to improve visibility of procurement information and enhance systematic data collection". [ 9 ]
OpenProcurement consists of a Centralized database (CDB) and the API through which specialized electronic platforms can interact with the CDB and module auctions. [5] Third-party web platforms (web platforms, which implement components of the e-procurement system, and give access to purchasing organizations, vendors, and ordinary visitors) interact with CDB using OpenProcurement API and ...
e-Choupal is an initiative of ITC Limited, a unique web-based page, to link directly with rural farmers via the Internet for procurement of agricultural and aquaculture products like soybeans, wheat, coffee, and prawns. e-Choupal tackles the challenges posed by Indian agriculture, characterized by fragmented farms, weak infrastructure and the involvement of intermediaries. [1]
Classification of product categories into the central procurement strategies. Procurement is the process of locating and agreeing to terms and purchasing goods, services, or other works from an external source, often with the use of a tendering or competitive bidding process. [1]