The latest insights in e-procurement
Technology and the hospitality sector have been reluctant bed partners in comparison to the way the retail sector has embraced the internet to introduce efficiencies and eradicate human error. However the arrival of e-procurement and the ability to utilise the web as a universal communication tool is at least beginning to have an impact on buying practices in our sector.
Transcript of presentation by Ed Bevan, Communications Director ~ epsys
How technology can fit into sustainable procurement and deliver significant benefits…
The Office for National Statistics (ONS) report modest but encouraging retail figures for March 2011, particularly in UK food at 2.5% higher than 2010, and non-store sectors, accompanied by a sales volume increase of 0.2% compared with the previous month.
The first e-Procurement solutions arrived in the 1990s, which enabled key business enterprises to replace time consuming, error prone, manual paper requisitioning. By utilising the online environment to implement much needed reform, strategic and dynamic internal purchasing processes could be developed to create a sector-specific, customised electronic supply chain.