2010
DOI: 10.1109/tem.2009.2033046
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Estimating the Benefits and Risks of Implementing E-Procurement

Abstract: Abstract-In recent years, organizations have invested heavily in e-procurement technology solutions. However, an estimation of the value of the technology-enabled procurement process is often lacking. Our paper presents a rigorous methodological approach to the analysis of e-procurement benefits. Business process simulations are used to analyze the benefits of both technological and organizational changes related to e-procurement. The approach enables an estimation of both the average and variability of procur… Show more

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Cited by 46 publications
(31 citation statements)
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“…Indeed, simulation has been proposed for SC configuration purposes, e.g. to optimize the portfolio of suppliers under uncertainty [11], to effectively design SCs operations [49], to assess the benefits of integrating business processes at different tiers of the SC [47], to develop dynamic tools for studying SCs [37], to support managers in designing and redesigning SCs [27,7] and to assess risks and benefits of implementing e-procurement [48]. In all the papers above, simulation allowed for measuring the impact of several SC configuration decisions on SC performance.…”
Section: Methodsmentioning
confidence: 99%
“…Indeed, simulation has been proposed for SC configuration purposes, e.g. to optimize the portfolio of suppliers under uncertainty [11], to effectively design SCs operations [49], to assess the benefits of integrating business processes at different tiers of the SC [47], to develop dynamic tools for studying SCs [37], to support managers in designing and redesigning SCs [27,7] and to assess risks and benefits of implementing e-procurement [48]. In all the papers above, simulation allowed for measuring the impact of several SC configuration decisions on SC performance.…”
Section: Methodsmentioning
confidence: 99%
“…Empowering of employees and appreciating their ideas and suggestions are significant motivational tools, which are often crucial for the successful business process management. Empowering employees to make decisions independently can help make operations easier and faster (Trkman & McCormack, 2010).…”
Section: Business Process Management Conditionality: Factors' Identifmentioning
confidence: 99%
“…A growing number of suppliers are running into financial trouble given the declining orders, increasing raw material costs, and tightened credit markets. Thus, procurement needs to cut costs but perhaps in some companies, the greater job is identifying troubled suppliers and moving to mitigate the risk (Trkman & McCormack, 2010).…”
Section: Procurement Risk Management Practicesmentioning
confidence: 99%