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Procurement management is one of the most valuable parts in supply chain management (SCM). In e-commerce era, the complexity and levity of procurement management become greatly outstanding because customer demands are changing faster and faster. Modern information technology (IT) plays an increasingly important role in procurement management and brings a global e-procurement/e-purchasing. In this...
With increasingly intense competition between enterprises, the realization of advanced supply chain management has become an exquisite premise for the survival of firms. Procurement management is an important means to reduce costs and to enhance the competitive advantage. By exploiting the single-period continuous newsvendor model, this paper analyzed and compared the benefit mechanisms of e procurement...
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