Automation makes it easier to adhere to purchasing policies, and to monitor their effectiveness. But most companies are looking for one-stop market places where a range of products can be purchased and automated purchasing systems can be applied.
The two companies will market a new product, MarketSet, built on Commerce One technology but integrating seamlessly with SAP's MySAP suite which includes supply chain, business intelligence, customer relationship management and product data...
In what could lead to a wide-ranging shake-up of government purchasing processes, the Office of Fair Trading (OFT) has launched an economic analysis of government procurement and the affects it has on competition and innovation.
Sourcing and procurement software revenues also went into freefall - dropping 28 per cent and 23 per cent in 2002 and 2001 respectively according to Gartner - leaving the supply chain and e-procurement companies such as Ariba, CommerceOne and i2...
He also said that as the sourcing and procurement functions of big global corporations become more centralised and inherit more power over IT buying decisions, they will need to evolve. Almost half (47 per cent) of the 250 CIOs said best buying...
Cancer Research opted for online auctions as part of an organisation-wide initiative to cut the charity's £130m annual procurement budget. Another auction for chemicals, plastics and protection equipment saved the charity 33 per cent on its usual...
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