Wednesday, June 26, 2002

How to grow your e-procurement network. This CIO Magazine article has more insight into how and why companies are not getting all the benefits from the e-procurement investments they have already made. The article outlines five strategies for moving smaller suppliers from phone and fax communications: 1) assessing the e-business readiness of suppliers, 2) appointing an e-business implementation manager for each supplier, 3) showing suppliers the business value for them in participating, 4) pitching the benefits directly to end-users in your supplier's organization, and 5) monitoring participation and following up when it falls off.

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