Unformatted text preview: achieved. Yes, the numbers are staggering, and the potential of e-procurement
as an element of business-to-business e-commerce is dramatic. But it is important to
recognize that IBM’s program has been 5 years in the making and has required a virtual
transformation of its entire set of traditional procedures for contracting, ordering, payment,
and overall supplier management. E-procurement: Who’s Doing It?
Think e-procurement is just a nitch or a fad? Here are some of the major corporations who
have programs underway to unlock the variety of potential benefits that are highlighted in
Texas Instruments: Over 100,000 purchase orders annually for MRO and related items are
now processed through on-line systems. Costs per purchase order have dropped by 80%,
and staff time has been redeployed to focus on strategic supplier management activities.
Within six months, prior catalog-based approaches were completed replaced, and savings
through efficiency gains are running at a level of over $12 million annually.
Owens Corning: In the past year, over $250 m...
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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.
- Spring '08