Big savings lead to new goal at IBM_2

Computer giant IBM, which saved more than £160 million on a £27 billion purchasing spend through e-commerce in 1999, plans to conduct 95 per cent of its buying electronically by the end of the year.

At the Alliance for Electronic Business’s recent e-commerce summit, Tim Shercliffe, IBM’s e-commerce director, said the firm had achieved the “holy grail” of real business benefit, but it still had a long way to go to fulfil its aims.

“We want to be the premier supplier of e-commerce capability to industry and the top e-commerce business,” he told delegates....

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