ObjectiveAlthough there are many strong arguments in favor of adopting an e-procurement strategy, a successful enterprise-wide initiative is not without its challenges:
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Whatever the difficulties in developing a strategy, in predicting marketplace changes, and in dealing with significant levels of internal change, when it comes to implementing e-procurement initiatives there are still some notable successes. But most organizations have only just begun to examine their e-business strategies, and have a long struggle ahead. So what are the pros and cons of the situation?
It is estimated that nearly 75% of e-business company initiatives (these include e-commerce projects) will fail within the next two years.
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