Suppliers wary of e-procurement

Few suppliers are trading online, either in electronic marketplaces or direct to customers, despite the hype surrounding e-procurement, according to a survey by software company Biomni.

Just 12 per cent of suppliers have participated in a marketplace, while 20 per cent have used e-procurement software. Suppliers’ lack of interest is not surprising, said Biomni’s chief executive, Angus Gregory. “They face considerable difficulty maintaining any sort of competition other than price in an e-marketplace.”

Peter Cooke, project director at Total...

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