New Dimensions in EC and SCM Part 2: The Efficiency Gains of E-Procurement
Scott A. Elliff - February 16, 2001

ExecutiveSummary

Every business is a purchaser as well as a supplier, with many routinely processing hundreds of buying activities daily. Typically, purchases represent 50 to 90% of a company's cost structure — making procurement strategy and execution a critical lever for effective supply chain operations and superior business profitability...