FedEx - The E-procurement Journey |
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» IT & Systems Case Studies Collection Please note: This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source. |
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ExcerptsIt Initiatives at FedEx
About e-ProcurementProcurement systems allow companies to consolidate purchases, letting them power over suppliers. Procurement systems reduce unauthorized spending and administrative costs which in turn help companies to track spending patterns and boost internal efficiency...
The FutureAccording to industry experts, by 2003, global e-procurement system enabled spending was expected to grow by about 445%, public Internet market exchange spending by about 116% and Internet B2B auctions by about 370%...
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