Implementing E-procurement

by Maureen Reason and Eric Evans

Published 30 November 2000
Whether you believe it is the second industrial revolution or merely an over-hyped offering from the software industry, e-procurement is upon us. Something that has been around in various forms for more than ten years in a small way, has now accelerated to the point where 92 per cent of the Fortune 500 companies say they are using it, or intend to use it. The statistics showing take-up and growth point to a phenomenon that is rivalling the Internet itself as a characteristic of modern growth.