While e-procurement had a high profile during the Internet boom and shortly afterwards, nowadays it has nearly disappeared off company agendas. Wrongly, as Ulfert Gartz, a consultant in systems integration and solutions at PA Consulting Group, says:
"While other e-initiatives have failed, e-procurement delivered significant improvements and cost savings. Implementing e-procurement processes led to consolidation of suppliers and products. Large and global corporates such as Bayer or BP could realize considerable cost savings and advantageous supply terms by using e-procurement processes." ...