2022 China Digital Procurement Industry Report

Source:iResearch June 07,20225:53 PM
Digital Procurement Research Scope

Digital procurement connects buyers and suppliers. It is a new enterprise procurement model using digital means. In a narrow sense, digital procurement is SRM (Supplier Relationship Management) software, which covers the entire life cycle from procurement sourcing to delivery, settlement and supplier evaluation. It can manage main materials and non-main materials at different granularities. Besides SRM software, digital procurement in a broad sense also includes online trading platforms such as procurement e-commerce and bidding platforms, as well as procurement modules in non-professional procurement software such as ERP. This report focuses on digital procurement in a narrow sense.

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