Abstract
This paper reports the results of a research project addressing the current state of e-procurement technologies. The results indicate that the final equilibrium may include several technologies, each one serving a different segment of the market. This multiplicity of solutions is likely to further delay the transition of the industry to its growth stage. Companies are approaching e-procurement technologies with very different strategies. We identify two main types of companies. The first type is moving aggressively to adopt e-procurement technologies, frequently experimenting with various solutions. The second type adopts a more conservative strategy by selectively experimenting, typically with one technology. This latter group relies on these limited experiences to provide the capabilities to move quickly into the technology as a dominant design emerges. The results suggest that e-procurement technologies will become an important part of supply chain management and that the rate of adoption will accelerate as aggressive adopters share their experiences.
Original language | English |
---|---|
Pages (from-to) | 11-23 |
Number of pages | 13 |
Journal | European Management Journal |
Volume | 21 |
Issue number | 1 |
DOIs | |
State | Published - Feb 2003 |
Keywords
- E-commerce
- E-procurement
- Innovation
- Procurement
- Supply chain
- Technology