TY - JOUR AB - Concerns about cost management have led purchasing officers of many companies to look for new solutions – an Internet‐based electronic procurement system. The promise of Web procurement has made it one of the hottest topics of business‐to‐businesse‐commerce. The promise is simple: to streamline administrative routines, and help companies consolidate their purchasing practices, enabling them to receive better discounts and better service from suppliers. Web‐based procurement systems are still in their infancy, and a lot of extra costs are around the corner. This paper presents tips for IT managers for successful implementation of this technology. VL - 101 IS - 4 SN - 0263-5577 DO - 10.1108/02635570110390080 UR - https://doi.org/10.1108/02635570110390080 AU - Attaran Mohsen PY - 2001 Y1 - 2001/01/01 TI - The coming age of online procurement T2 - Industrial Management & Data Systems PB - MCB UP Ltd SP - 177 EP - 181 Y2 - 2024/04/23 ER -