Running head: AMAZONS PROCUREMENT, SUPPLY CHAIN MANAGEMENT & CCOMMERCE.Amazons Procurement, Supply Chain Management & CommerceStudents NameInstitutional AffiliationsDateAMAZONS PROCUREMENT, SUPPLY CHAIN MANAGEMENT & C-COMMERCE 2Procurement is a process that involves acquisition of products or services for a firm toundertake its operations. It is very critical because it affects the day to day efficiency of abusiness. Finding the right suppliers with quality goods and services directly translates to thedegree of success and profits a firm is able to make. It involves rigorous procedures foraccountability with a host legally binding documents. To curb this limitations e-procurement hasbrought significant solutions to the problems of traditional procurement practice which involveda lot of hardware; specifically paperwork. It has a lot of advantages and the new way of doingbusiness. Electronic generation of documents such as purchase orders, invoice, catalog listingsamong others and an automated record keeping system for references are just but a fewadvantages to mention (Kolenko, 2018)Amazon Business (B2B); a business to business procurement platform is the bestexample of this modern procurement strategy. It was launched in the year 2015 and had a millioncustomers by July, 2017. Traditional procurement process involved numerous assessments andchecklist before finalizing a purchase. Normally, choosing the right supplier and propernegotiation ...
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