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Lightcast Skills Taxonomy
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E-Procurement

E-Procurement refers to the electronic process of purchasing goods and services, utilizing digital tools and platforms to streamline procurement activities. This skill encompasses the management of procurement processes, including sourcing,...

Skills Hierarchy and Tags

CategoryTransportation, Supply Chain, and Logistics
SubcategoryProcurement
SkillE-Procurement
Skill TypeSpecialized Skill
Specialized Tags-

Related Skills

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Peoplesoft Purchasing

Peoplesoft Purchasing refers to the use of an enterprise purchasing system to manage procurement activities and related records. It includes creating and processing purchase requisitions, purchase orders, approvals, and supplier transactions within an organization. The skill is applied in work settings to support controlled buying, track spending, and maintain accurate purchasing data.

Procurement cards refer to a type of credit card used by businesses to purchase goods and services. The management of these cards involves a specialized skill set, including financial analysis, vendor relationship management, and policy adherence. Those with expertise in procurement cards can help organizations streamline their purchasing processes, reduce costs, and ensure compliance with internal and external policies.

Purchasing refers to the process of acquiring goods or services from a vendor or supplier. It requires specialized skills such as market analysis, negotiation, communication, and budgeting. Effective purchasing can help businesses reduce costs, improve quality, and strengthen supplier relationships. It is important for professionals in the purchasing field to stay up-to-date with industry trends and best practices in order to ensure successful outcomes.

Requisition refers to the formal process of requesting goods, services, or resources within an organization. This skill encompasses the ability to identify needs, create and submit requisition documents, and track the approval and fulfillment of requests. Knowledge of Requisition is used to ensure that necessary items are acquired efficiently and in accordance with organizational policies, thereby supporting operational continuity and resource management.

Voucher processing is the process of analyzing and processing financial data related to invoices and receipts. It requires specialized skills and knowledge in accounting and data entry to ensure accuracy and compliance with company policies and government regulations. Voucher processors play a critical role in ensuring timely and accurate payments to suppliers and vendors, as well as maintaining accurate financial records.

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Lightcast Skills Taxonomy

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This skill is part of the Lightcast Skills Taxonomy, a library of over 35,000 job related skills. It is the standard used by higher education institutions, public sector organizations and Fortune 500 companies around the globe.

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