E-Procurement Takes on the Untamed Supply Chain

Topics:
Ordering Systems
Tags:
Business Operations,
E-procurement,
Enterprise Software,
Purchasing & Procurement,
Software,
Supply & Demand Chain Executive,
Supply Chain,
Supply Chain Management (SCM)
Source:
Supply & Demand Chain Executive

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Overview: The article says that purchasing and supply management professionals at companies entering the virtual marketplace as buyers are finding that e-procurement can support supply base rationalization. As long as their focus remains on rationalization as a strategy and on e-procurement as a tool to facilitate that strategy, companies achieve a smaller supplier base, reduced maverick spending and long-term relationships with strategic suppliers. The supply chain professionals seek ways to integrate e-procurement into their purchasing strategies, they need to avoid being dazzled by the technology and focus on e-procurement as one more tool in their arsenal. Read for details as to how E-Procurement makes it way and importance in supply chain.

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Format: HTML | Date: Jan 2003 | Pages: 1

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