Free online service adds up savings from e-procurement

A new online service claims to enable purchasers to make informed calculations of the potential savings to be made through e-procurement and to build long-term procurement best practice.

The free self-diagnosis toolkit, Independent Savings Analysis Verification and Evaluation (I-Save), has been developed by software supplier Oracle following a survey of procurement staff from the Bristol Business School.

Purchasers compared the expectations and realities of cost savings. The 120 respondents said the implementation of competent purchasing...

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