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Sunday, March 14, 2010

Procurement Technology

 

Technical advances have been moving at such a rate that running a company of any size without using a range of electronic processes is increasingly untenable.

The whole procurement arena has been transformed by electronic computer-based technology and, in particular, the internet. In every area of procurement, from requesting information to tendering to evaluation of data, contract compliance and performance management, effective use of technology is now imperative for organisations wishing to remain competitive.

The technology marketplace and the range of solutions for every challenge, no matter how big or small, is huge.



Even the most tech-savvy procurement leader needs expert, authoritative information to stay informed.

E-auctions, for example, is a field in which the technology and the thinking behind it are developing all the time. Procurement managers need to be aware of the latest developments in order to make the right decisions for their organisations.

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TECHNOLOGY PRESENTATIONS

Increase your odds in procurement Online Global Members only
Risks are always around the corner for supply chain professionals. Some risk result from unpredictable events, others are structural uncertainties. The Procurement Risk Management (PRM) Group at HP has developed and implemented a framework, business process and tools to mitigate the impact of supply chain risks.

Epson’s Efforts to Promote CSR Procurement Online Global Members only
In 2005 Epson defined its expectations of suppliers in "Epson Group Procurement Guidelines" and "Supplier Evaluation Criteria. Epson reviewed their evaluations of suppliers and improvement activities, and promoted the application of uniform standards and evaluations for all suppliers around the world.


This Knowledge Group will keep readers informed of the latest thinking, approaches and products available in a growing and increasingly complex market.

If you are interested in becoming a member of the advisory board of this Knowledge Group, please contact us on +44 (0) 207 501 0538.



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