E-Procurement-in-New-Dimensions

According to jack welch ebusiness will change the dna

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Unformatted text preview: ine sharing and collaboration with suppliers is rapidly being developed to reduce time-to-market for new products and parts replenishment time for existing products. As well as providing benefits within the company, GE’s Global Exchange Services division offers digital exchanges, online catalogs, and related e-procurement capabilities to other companies, generating significant revenues for GE, too. According to Jack Welch, “ ebusiness will change the DNA of GE forever by energizing and revitalizing every corner of the company.” It doesn’t get much stronger than that. Going forward with e-procurement requires addressing a number of important questions about your organization and its needs, objectives, and capabilities. Some of the key questions that anyone getting started with e-procurement needs to ask follow. Getting Started with E-Procurement: Key Questions • What are the strengths and weaknesses of your existing procurement processes and activities? • What specific objec...
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This test prep was uploaded on 04/01/2014 for the course INDE 6370 taught by Professor Staff during the Spring '08 term at University of Houston.

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