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Unformatted text preview: comprehensive approach to e-procurement,
with the greatest potential long-run benefits.
For many companies, however, starting with
the basics of increasing efficiency, accessing a
more competitive supply base, and leveraging
volume, as discussed earlier, may be the
appropriate first steps, with more sophisticated
solutions coming later. Objective: Process Improvement
• New e-procurement providers
can help you apply a full range
of strategic sourcing “best
practices” through the Internet • Most comprehensive approach,
but also requires greatest
discipline and management
support • Does not replace working with
suppliers the old fashioned way
on continuous improvement
and other key aspects of
relationship Any software-based solution is only effective if it is fully and correctly used, of course, and
is only as good as what’s programmed into it. Experience, diligence, and sound judgement
are still required – especially in unique situations –– and no electronic commerce system
can take their place … at least not yet. And even a sophisticated onl...
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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