Purchasing Cards May get Boost from Internet
- Topics:
- Ordering Systems
- Source:
- Reed Elsevier
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Overview: Purchasing managers believe that the purchasing card is about to get a shot in the arm from B2B e-commerce. Article explains that the cards too often are given to and used by people who do not have purchasing backgrounds. They duplicate other purchasing efforts and offer little help when a purchasing representative needs to track an order. It talks about solving these problems. Analysts say supply chains may shrink as buyers seek to streamline their purchasing and capture larger price discounts by consolidating supply sources and channeling more business to a small group of preferred suppliers. This could lead to a decline in the use of these cards, leaving them to play only a small role in B2B e-commerce. Read the article to get the details of the issue discussed.
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Format: HTML | Date: Jan 2001 | Pages: 1
