Home | Business News | Browse by Publication | M | MSI

Getting strategic about procurement. (Focus & convergence).

Publication: MSI
Publication Date: 01-NOV-02
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Procurement operations have become a popular place to look for cost savings. C-level procurement positions now exist at more than one-third of Fortune 500 companies, and procurement optimization initiatives at several leading businesses have saved millions. However, many procurement improvement programs have yet to tap the full potential of sourcing--procurement's most strategic and potentially lucrative component--made possible by sourcing tools. Speaking to this point, Boston-based Aberdeen Group notes that e-sourcing applications could save U.S. companies more than $690 billion per year.

The principal reason for...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from MSI
CIOs should govern web services now. (Issue analysis)., November 01, 2002
The seven key competencies of highly successful manufacturers: capabil..., November 01, 2002

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.