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eProcurement The use of computer-based purchasing system to aquire goods and services. Purchasing system typically ties into Accounting software to streamline Supply Chain Management. Oracle iProcurement eProcurement system used by TXI Corporate and Division purchasing. Oracle Exhange Oracle Exchange is an optional supplier connectivity network that TXI has chosen not to use. TXI has implemented "Direct Punchout" to reduce costs and an additional layer in the Punchout process. Punchout The process of opening a portal into a supplier's online catalog for the purpose of collecting product and service information to be used in eProcurement purchase order creation. Also known as Round Trip. |
 
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