As the electronic-Commerce phenomenon continue to penetrate an ever-expanding range of business activities, the procurement through electronic form has been identified as major area to reengineer. Nowadays, organization have successfully implemented e-Procurement solutions and received a high return on investment.
The heart of any e-Procurement solution is the supplier catalog content which is used by the buying organization to make its purchases. This content must be continuously updated and maintained in order to realize the benefit of an up-to-date e-Procurement solution.
As companies interested in implementing an e-Procurement solution begin to understand the importance of effective content management, they must also realize that the burden of collecting and management high quality content is not a competency they need to develop and maintain. Many organizations are beginning to explore new management of supplier content. Who ever has the best content management will win the race of this new era business.