Overview
- Makes the case for why electronic procurement cannot be neglected
- Traces the evolution of electronic procurement with the example of online reverse auctions
- Illustrates the future potential of electronic procurement with the example of social media
- Provides best practices in order to drive better results in practice
- Reduces some of the hurdles often encountered with electronic procurement implementation and adoption
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Table of contents (8 chapters)
Keywords
About this book
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.
Authors and Affiliations
About the author
Tobias Schoenherr is Professor of Purchasing and Supply Management at the Broad College of Business, Michigan State University, USA. An award-winning scholar and teacher focusing upon the area of sourcing, he has published more than 60 papers in peer-reviewed academic journals. He is currently Co-Editor-in-Chief for the International Journal of Operations and Production Management, and also serves as Associate Editor for the Journal of Operations Management, Decision Sciences and the Journal of Purchasing and Supply Management.
Bibliographic Information
Book Title: The Evolution of Electronic Procurement
Book Subtitle: Transforming Business as Usual
Authors: Tobias Schoenherr
DOI: https://doi.org/10.1007/978-3-319-93985-8
Publisher: Palgrave Pivot Cham
eBook Packages: Business and Management, Business and Management (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive licence to Springer International Publishing AG, part of Springer Nature 2019
Hardcover ISBN: 978-3-319-93984-1Published: 20 August 2018
eBook ISBN: 978-3-319-93985-8Published: 06 August 2018
Edition Number: 1
Number of Pages: XIX, 132
Number of Illustrations: 15 b/w illustrations
Topics: Procurement, Business Information Systems, Big Data/Analytics