Information Technology Impact on the Purchasing Department
CONTENT
1. Introduction…………………………….…………………………………….Page3
2. Information Technology and Purchasing……………………………………Page 3
3. E-purchasing…………………………………………………………..…….Page 4
3.1. E-sourcing……………………………………………………………...….Page 5
3.2. E-procurement…………………………………………………..………….Page6
3.3. Electronic Data Interchange (EDI)………………………………….……..Page 7
4. Examples………………………………………………………………...…..Page 7
4.1. Slow implementation……………………………………………………..Page 7
4.2. Fast Implementations……………………………………………………..Page 8
5. Conclusion………………………………………………………………………...Page 9
Bibliography……………………………………………………………….……….Page 10
The purpose of this paper is to discuss of the various ways in which information technology has changed the purchasing department, in particular how the Internet has impacted on the purchasing department. Will be outlined the most well known information system, their objectives and the e-purchasing. An example from daily business life will be illustrated in the second part of this paper.
1. Introduction
IT is transforming the way that business is conducted. Computers prepare invoices, issue checks, keep track of the movement of stock, and store personnel and payroll records. The personal computers are changing the patterns of office work, and the spread of information technology is affecting the efficiency and competitiveness of business, the structure of the work force, and the overall growth of economic output.
Purchasing department has been radically changed by the development of the Information Technology (IT). Simply the communication channels widened enormously, and the information exchange has became significantly faster and broader, simplifying several steps with regards to purchasing, and also enhancing the fast decision making. Also the quality has improved, costs have been reduced, and speed has increased. Many communication channels are available like Internet, email, telephone, mobile communications, fax, video conference calls, GPS, etc. business is now able to operate in 24
1. Introduction…………………………….…………………………………….Page3
2. Information Technology and Purchasing……………………………………Page 3
3. E-purchasing…………………………………………………………..…….Page 4
3.1. E-sourcing……………………………………………………………...….Page 5
3.2. E-procurement…………………………………………………..………….Page6
3.3. Electronic Data Interchange (EDI)………………………………….……..Page 7
4. Examples………………………………………………………………...…..Page 7
4.1. Slow implementation……………………………………………………..Page 7
4.2. Fast Implementations……………………………………………………..Page 8
5. Conclusion………………………………………………………………………...Page 9
Bibliography……………………………………………………………….……….Page 10
The purpose of this paper is to discuss of the various ways in which information technology has changed the purchasing department, in particular how the Internet has impacted on the purchasing department. Will be outlined the most well known information system, their objectives and the e-purchasing. An example from daily business life will be illustrated in the second part of this paper.
1. Introduction
IT is transforming the way that business is conducted. Computers prepare invoices, issue checks, keep track of the movement of stock, and store personnel and payroll records. The personal computers are changing the patterns of office work, and the spread of information technology is affecting the efficiency and competitiveness of business, the structure of the work force, and the overall growth of economic output.
Purchasing department has been radically changed by the development of the Information Technology (IT). Simply the communication channels widened enormously, and the information exchange has became significantly faster and broader, simplifying several steps with regards to purchasing, and also enhancing the fast decision making. Also the quality has improved, costs have been reduced, and speed has increased. Many communication channels are available like Internet, email, telephone, mobile communications, fax, video conference calls, GPS, etc. business is now able to operate in 24
Bibliography: Ricky W. Griffin, Management, (3rd Edition) (1990), Houghton Mifflin Ravi Kalkota, Marci Robinson, (2001) M-Business: The Race to Mobility, McGraw-Hill Companies Emiliani, ML 2000, ‘Business-To-Business Online Auctions: Key Issues For Purchasing Process Improvement’, Supply Chain Management, vol. 5, no. 4, pp. 176-186. MCB UP Ltd Oliver Dempsey (2008), Business Organisation and Information Technology, IIPMM Graham Curtis and David Cobham (6th Edition) (2008), Business Information Systems, FT Prentice Hall Donald W. Dobler, David N. Burt (1996), 6th Edition, Purchasing and Supply Management – Text and Cases, The McGraw-Hill International Editions Conor Hannaway, Gabriel Hunt (1999), The Management Skills Book, Gower Paul Bojic, Andrew greasley, Simon Hickie (4th Edition) (2008), Business information Systems, FT Prentice Hall