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shared by Spauit group on 11 May 10 - Cached

there are many advantages to using e-procurement systems as opposed to those involving paper-based forms or oral communications
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ncreased efficiency and cost savings
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EDI allows business transactions to occur in less time and with fewer errors than do traditional, paper-based means. It reduces the amount of inventory companies must invest in by closely tying manufacturing to actual demand, allowing for just-in-time delivery. By doing away with paper forms, EDI also reduces postage costs and the expenses and space considerations surrounding paper-based record storage.
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In some large organizations, purchasing responsibilities are distributed over several different areas of the company. E-procurement systems may enable a company to consolidate orders for similar items with one supplier, resulting in deeper volume discounts and cost saving
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e-procurement may allow a company to simplify purchasing by reducing the number of variables (available products) involve
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shared by Early Bird on 10 May 10 - Cached

shared by Early Bird on 10 May 10 - Cached

shared by Spauit group on 11 May 10 - Cached

ommerce One builds business-to-business (B2B) e-commerce exchanges that allow companies to do business via the World Wide Web or other electronic platforms
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. The idea behind these exchanges, or marketplaces, is to cut costs for all parties involved by creating a single place where buyers, sellers, distributors, and suppliers can complete commerce transactions.
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Commerce One exchanges, based on the firm's Market Site Portal software, offer auction capabilities, which let clients collect offers for their merchandise to get the best possible prices. Similarly, reverse auctions allow businesses to solicit competitive bids for products and services they are looking to purchase. Commerce One's BuySite procurement software suite is geared more toward creating private supply chain sites for individual companies. This technology also allows buyers to view various supplier catalogs online and complete secure transactions electronically.
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