Home: Issue 6 2008 › A better alternative
A better alternative
01/12/2008 | Channel: E-Business / IT
Amid the doom and gloom, online retailers in the UK are continuing to grow their businesses and remaining leaner than the high street in terms of purchasing and associated costs.
“We’re getting a lot of attention from organisations keen to use eProcurement to drive down costs and help protect margins where they can’t rely on sales growth for their profits. It’s a very effective rearguard action for businesses under fire, typically generate savings of up to ten per cent on influenceable spend,” says Daniel Ball, Wax Digital.
“Etailers use eProcurement to aid massive growth - enabling them to manage millions of product lines and tread the line between having sufficient stock to meet demand without over-stocking and hurting margins by having to discount excess inventory.”
Wax Digital’s on-demand eProcurement covers the complete source-to-pay cycle from building requisitions and getting them approved, through budget management and placing orders on suppliers, goods receipting and invoice matching. Its online retail customers include ebuyer.com and play.com.
www.waxdigital.com
“Etailers use eProcurement to aid massive growth - enabling them to manage millions of product lines and tread the line between having sufficient stock to meet demand without over-stocking and hurting margins by having to discount excess inventory.”
Wax Digital’s on-demand eProcurement covers the complete source-to-pay cycle from building requisitions and getting them approved, through budget management and placing orders on suppliers, goods receipting and invoice matching. Its online retail customers include ebuyer.com and play.com.
www.waxdigital.com