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What does digital procurement mean?
Digital procurement is a procurement method that uses advanced technical means to digitally process the whole procurement process. Through cloud computing, Internet of Things, big data and other technical means, the whole procurement process from demand confirmation, order processing, logistics distribution, quality inspection, payment and settlement will be digitized, and the whole procurement process visualization, whole process tracking, information management and intelligent decision-making will be realized, which greatly improves the efficiency and accuracy of procurement work.

The advantages of digital procurement are mainly reflected in the following aspects: First, it improves the efficiency of procurement, simplifies the procurement process, reduces manual operation, and greatly improves the efficiency and accuracy of procurement. The second is to reduce procurement costs. Digital procurement can optimize procurement plan, reduce procurement cost and improve procurement efficiency through big data analysis. Thirdly, it improves the efficiency of supplier management. Digital procurement can realize comprehensive management of supplier information, optimize supplier selection and evaluation, and improve the efficiency and stability of supply chain.

Digital procurement will become the mainstream of future procurement, and the future development trend of digital procurement is mainly reflected in the following aspects: First, the improvement of digital procurement platform will become an important tool for procurement, providing one-stop service, from demand confirmation to product delivery, and realizing the digital processing of the whole procurement process. The second is the application of artificial intelligence in the field of digital procurement. Artificial intelligence can realize the intelligence of purchase decision through big data analysis, natural language processing and other technical means. The third is the application of blockchain technology in digital procurement. Through blockchain and other technical means, the encryption, sharing and traceability of procurement information are realized, and the information security and efficiency are improved.