Explain how cost savings may arise from e-procurement.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 64% (17 reviews)
More competition between suppliers for examp...View the full answer
Answered By
Tobias sifuna
I am an individual who possesses a unique set of skills and qualities that make me well-suited for content and academic writing. I have a strong writing ability, allowing me to communicate ideas and arguments in a clear, concise, and effective manner. My writing is backed by extensive research skills, enabling me to gather information from credible sources to support my arguments. I also have critical thinking skills, which allow me to analyze information, draw informed conclusions, and present my arguments in a logical and convincing manner. Additionally, I have an eye for detail and the ability to carefully proofread my work, ensuring that it is free of errors and that all sources are properly cited. Time management skills are another key strength that allow me to meet deadlines and prioritize tasks effectively. Communication skills, including the ability to collaborate with others, including editors, peer reviewers, and subject matter experts, are also important qualities that I have. I am also adaptable, capable of writing on a variety of topics and adjusting my writing style and tone to meet the needs of different audiences and projects. Lastly, I am driven by a passion for writing, which continually drives me to improve my skills and produce high-quality work.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
E Business and E Commerce Management Strategy Implementation and Practice
ISBN: 978-0273719601
4th edition
Authors: Dave Chaffey
Question Posted:
Students also viewed these Management Leadership questions
-
On May 3, 2010, United Airlines and Continental Airlines announced a $3 billion merger that would create the worlds biggest airline. The deal was completed in a remarkably short three weeks, and...
-
There are many proponents of the benefits of e-procurement, but a cautionary note is struck by Brian Caffrey of the purchasing web guide on About.com (purchasing.about.com). Visit this site and...
-
The following questions and cases deal with the subject of cost-benefit analysis of internal control. Some important concepts in cost-benefit analysis are as follows: 1. Measurable benefit. Benefits...
-
Who was considered the nemesis of Booker T. Washington in The Awakening of the New Negro and why?
-
Explain the law of diminishing returns. How does it relate to the cost of labor?
-
Use a block-and-spring model like that shown in Fig. 22-14a but suspended from a vertical position and subjected to a periodic support displacement of = 0 cos t, determine the equation of motion...
-
Describe how the transaction date is determined for the purpose of initially recognising items arising from foreign currency transactions.
-
Colin Davis Machine Company maintains a general ledger account for each class of inventory, debiting such accounts for increases during the period and crediting them for decreases. The transactions...
-
16. Using the given data find value of resonance energy of benzene C6H6. AydgH of cyclohexene = -119 kJ/mole AhydgH of benzene = -206.5 kJ/mole (a) -150.5 kJ/mole (b) -325.5 kJ/mole (c) -87.5 kJ/mole...
-
Consider a market in which firms 1,,N are equidistantly distributed on a circle with circumference 1. Firms have constant marginal costs of production c, which are the same for all firms. Consumers...
-
Current adoption levels of e-procurement are low. Identify the main reasons for this.
-
Why do some commentators suggest real cost savings from e-procurement may be nearer to 10 per cent than higher figures suggested by e-procurement solutions providers?
-
Googles Teachable Machine https://teachablemachine.withgoogle.com/ is a way for you to experiment with machine learning without having to do any programming. The system allows you to use photos,...
-
During the early 1980 s, interest rates for many long-term bonds were above \(14 \%\). In the early 1990 s, rates on similar bonds were far lower. What do you think this dramatic decline in market...
-
A growing share of health insurance plans have high deductibles, so that an individual must spend up to $6,450 before insurance begins to pay for services. What problem(s) are these insurance plans...
-
State the difference in basis points between each of the following: a. \(5.5 \%\) and \(6.5 \%\) b. \(7 \%\) and \(9 \%\) c. \(6.4 \%\) and \(7.8 \%\) d. \(9.1 \%\) and \(11.9 \%\)
-
You have been considering a zero-coupon bond, which pays no interest but will pay a principal of \(\$ 1,000\) at the end of five years. The price of the bond is now \(\$ 712.99\), and its required...
-
Your broker has advised you to buy shares of Hungry Boy Fast Foods, which has paid a dividend of \(\$ 1.00\) per year for 10 years and will (according to the broker) continue to do so for many years....
-
Simplify each of the given expressions. (a) (7) 2 (b) (7) 2
-
A circular concrete shaft liner with Youngs modulus of 3.4 million psi, Poissons ratio of 0.25, unconfined compressive strength 3,500 psi and tensile strength 350 psi is loaded to the verge of...
-
In your mind, which organizational entity is more important to the stability and growth of global trade, the G8 or the G20? Why?
-
Recognizing that the information provided in this chapter is not all-inclusive, what globalization trends do you feel will most likely impact Canadian companies in the next five to ten years?
-
What do you believe is the overarching challenge that managers of Canadian businesses face in competing in today's global marketplace?
-
Hinrich Company traded machinery with a book value of $120,000 and a fair value of $200,000. It received in exchange from Noach Company a machine with a fair value of $180,000 and cash of $20,000....
-
You have just moved from Norfolk, Virginia (sea level), to Taos, New Mexico (high in the mountains), and you find yourself out of breath climbing a small hill. Three months later, climbing the same...
-
Starline is a small children's clothing manufacturer and retailer that has seen rapid growth in the last twelve months and a significant increase in employees. At a meeting of managers, a number of...
Study smarter with the SolutionInn App