Reference no: EM133216078

QUESTION 1

A research by Smart (2010) identifies that there are numerous obstacles in the implementation of projects towards achieving the full benefits which e-procurement offers. Even though the benefits of adopting e-procurement solutions can be significant, there are some internal and external challenges and risks related to the adoption of e-procurement. Smart (2010), to a conclusion that there has been a long-term problem in identifying value from IT investments and in creating a case for IT introduction in general. This is why companies need a clear plan for implementing e-procurement technologies. 

Based on the above, analyse the risks and impact of e-procurement. 

QUESTION 2

Select an industry of your choice and ascertain how business-to-business exchanges will change the supply chain in that industry.

QUESTION 3

You have recently been appointed as a supply chain manager for a pharmaceutical company. Examine the main Internet-based applications you would consider for communicating and collaborating with your suppliers.

QUESTION 4

Chris Miller of Shell Chemical has been quoted as saying: 

'E-procurement is not about screwing suppliers. It's about taking cost out for both suppliers and buyers and reducing institutionalised inefficiencies. Plus, it supports smaller buyers and suppliers, just as much as larger ones. It's not a big boys' club'. 

Evaluate this statement by reviewing the benefits and disadvantages of e-procurement to both buyers and suppliers.