E-Procurement Success Factors: Challenges and Opportunities for a Small Developing Country

E-Procurement Success Factors: Challenges and Opportunities for a Small Developing Country

Mateja Podlogar (University of Maribor, Slovenia)
Copyright: © 2007 |Pages: 34
DOI: 10.4018/978-1-59904-153-7.ch003
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Abstract

This chapter introduces e-procurement as a strategic tool for organizations’ competitive position in the new information economy. It argues that that eprocurement is significantly changing the ways businesses operate and thus new business models are needed. E-procurement success factors that have to be considered are: cost factors, time factors, process simplification factors and the volume of e-transactions factors. By gaining understanding of the most important e-procurement factors, organizations have to organize themselves in a way that ensures success. Furthermore, author hopes that with knowing such factors, organizations will be able to better prepare for e-procurement and thus operate successfully and thus be able to compete in the global market.

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