ARTICLE DESCRIPTION: Requisitions.com has announced a fast track route to help small to medium sized enterprises (SMEs) benefit from the e-procurement revolution as much as their larger peers...

MORE INFO: Requisitions.com e-procurement Portal Requisitions.com has announced a fast track route to help small to medium sized enterprises (SMEs) benefit from the e-procurement revolution as much as their larger peers... The new service enables buyers to connect with their suppliers over the Internet within around 6 weeks of project commencement. There are no expensive IT set up costs. The service is provided on a pay as you use model with requistions.com taking a small percentage of each transaction that passes through the portal - much like a credit card company. For buyers the lure is overwhelmingly reduced cost of purchasing. Estimates vary from as little as 20% to a massive 70% - not on the purchase price alone but on the whole purchasing process cost. The biggest saving comes from the business-to-business (b2b) electronic automation of the supply chain. For suppliers the benefit comes from the added value of opening up their catalogues to a much wider audience. Systemcare Internet Solutions. Tel: 01642 370326

PUBLISHER: Institute of Operations Management

Page number: Page: 7 Word count: Words: 140

Vol 26 - No 04 - May 2000

The article can be downloaded in full from the publisher's site i.e. the Institute of Operations Management.

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