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Online procurement (e-procurement) has been identified as the most important element of e-business operational excellence for corporations. This report seeks to asses the trends in this industry, its global market and the technological advancements in the adoption of e-procurement in the supply chain. The reports also focuses on the risks and the potential benefits in terms of costs and convenience. Performance of the leading e-procurement companies has been analyzed and a future outlook for this industry has been drawn. |