e-Procurement: From Strategy to Implementation

Chapter 9. The Future of E-Procurement

Objective Understanding the eight key trends in the evolution of e-procurement can help when devising a company strategy. Development of XML as a standard will greatly improve intersystems connectivity. Industry growth will continue with both corporate and network-based e-procurement solutions. There will remain two different purchasing paths, although the line between them will continue to blur. Consolidation of vertical e-marketplaces. Pressure from customers to provide all-inclusive solutions. Value of strategic sourcing will come in question for spot markets and commodity buying over the Internet. Roles of procurement specialists will change greatly. Government spending e-procurement will increase and influence ...