Innovation and Technology
From Auctions to Optimization
Because whether you’re two friends tinkering in a garage, or you work inside one of the most venerable enterprises on earth, the rise of a global connected world offers a truly rare opportunity: the chance to start something totally new.
—IBM’s 1998 Annual Report
One of our definitions of a best-in-class purchasing organization is willingness to innovate. Successful early use of a winning supply chain technology tool can lead to significant competitive advantage. We define technology here primarily as automation and application of computer software to purchasing disciplines. There are generally two classes: e-sourcing and e-procurement. E-procurement tends to be tactical, the processing ...