1.

Record Nr.

UNINA9910337794703321

Autore

Schoenherr Tobias

Titolo

The Evolution of Electronic Procurement [[electronic resource] ] : Transforming Business as Usual / / by Tobias Schoenherr

Pubbl/distr/stampa

Cham : , : Springer International Publishing : , : Imprint : Palgrave Pivot, , 2019

ISBN

3-319-93985-8

Edizione

[1st ed. 2019.]

Descrizione fisica

1 online resource (XIX, 132 p. 15 illus.)

Disciplina

658.72

Soggetti

Industrial procurement

Management information systems

Big data

Procurement

Business Information Systems

Big Data/Analytics

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Chapter 1: Setting the Stage -- Chapter 2: Why You Cannot Neglect Electronic Procurement -- Chapter 3: The Evolution of Electronic Procurement -- Chapter 4: The Advent of the Internet and Online Reverse Auctions -- Chapter 5: Online Reverse Auctions: Challenges and Best Practices -- Chapter 6: Becoming Mainstream: Electronic Sourcing Suites -- Chapter 7: The Potential of Social Media -- Chapter 8: Outlook to an Exciting Future.

Sommario/riassunto

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 supply management and its associated significant potential.