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The Evolution of Electronic Procurement

Transforming Business as Usual

  • Tobias Schoenherr

Table of contents

  1. Front Matter
    Pages i-xix
  2. Tobias Schoenherr
    Pages 1-8
  3. Tobias Schoenherr
    Pages 9-32
  4. Tobias Schoenherr
    Pages 33-46
  5. Tobias Schoenherr
    Pages 87-100
  6. Tobias Schoenherr
    Pages 101-116
  7. Tobias Schoenherr
    Pages 117-125
  8. Back Matter
    Pages 127-132

About this book

Introduction

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.

Keywords

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

Authors and affiliations

  • Tobias Schoenherr
    • 1
  1. 1.Broad College of BusinessMichigan State UniversityEast Lansing, MIUSA

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-319-93985-8
  • Copyright Information The Editor(s) (if applicable) and The Author(s), under exclusive licence to Springer International Publishing AG, part of Springer Nature 2019
  • Publisher Name Palgrave Pivot, Cham
  • eBook Packages Business and Management
  • Print ISBN 978-3-319-93984-1
  • Online ISBN 978-3-319-93985-8
  • Buy this book on publisher's site
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