the type of purchasing and what is purchased. Give one example of a product that
could be purchased at each, and the name of an exchange offering this service.
Describe the different elements of an e‑procurement system.
Outline the main benefits of e‑procurement.
Explain the differences between buy‑ side and sell‑ side e‑procurement. Give an
Current adoption levels of e‑procurement are low. Identify the main reasons for
Explain how cost savings may arise from e‑procurement.
322
Part 2 Strategy and applications
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