Coordinating all activities related to
procurement of a
commodity beginning with intent to purchase through delivery
Analyzing the requirements of the commodity, including preliminary specifications, preferred supplier, and date commodity is needed
Soliciting and evaluating proposals for the requested commodity. Investigating and/or interviewing potential suppliers to determine if they meet the specified requirements.
Bussiek, T.: The Internet-based Supply Chain – New Forms of Procurement Utilizing Standard Business Software, in: Electronic Markets, 9, 3, 1999, pp. 147–152.
Saeed, K.; Leitch, R.: Controlling Sourcing Risk in Electronic Marketplaces, in: Electronic Markets, 13, 2, 2003, pp. 163–172.