What are the best e procurement solutions and

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Unformatted text preview: its are we trying to achieve? What are the best e-procurement solutions and specific tools, Web-based services, and other mechanisms for meeting our particular needs? This article outlines some of the major recent developments in e-procurement and the important strategic and tactical choices that companies need to make in order to answer these questions and to take full advantage of new “buy” side e-commerce developments. Ironically, what’s most appealing to us as consumers using e-commerce to buy books or clothing or other merchandise –– surfing the Internet, accessing a wide range of choices, and making one-at-a-time purchases at posted prices –– is what businesses most want to avoid. Companies want to ensure that their processes are: • Reducing the time employees spend purchasing, whether it’s leafing through catalogues or surfing the Web. • Leveraging their volume with preferred suppliers in order to get better pricing, service, and access to new technology. • Limiting choices to only those suppliers, materials, and services that they are con...
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