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The Evolution of Electronic Procurement

Transforming Business as Usual

Tobias Schoenherr

PDF
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Springer International Publishing img Link Publisher

Sozialwissenschaften, Recht, Wirtschaft / Management

Beschreibung

This book responds to the increasing speed with which the domain of electronic procurement has been evolving, as well to the significant advances predicted to take place in the near future. Covering the fundamentals of electronic procurement as well as advanced applications, the main focus is on the critical importance of information technology for modern supply management professionals. Tracing the evolution of electronic procurement over the last 20 years, the book illustrates how the concept has evolved from a novel idea into a standard approach that cannot be neglected, fundamentally transforming business as usual. The transformation is highlighted by the evolution of online reverse auctions, as well as the ensuing expansion of technology to virtually all aspects of strategic sourcing in the form of integrated electronic sourcing suites. Several advances and new applications of electronic procurement are presented, with an emphasis on how social media can be leveraged for supplymanagement and its associated significant potential.

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Schlagwörter

social media, strategic decision making, sourcing, strategic sourcing, big data, requisition management, blockchain, information technology, electronic data interchange, enterprise resource planning, supply chain management