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E-procurement study released

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Half Moon Bay, Calif.--A new business-to-business electronic-commerce study released by consulting firm Granada Research indicates that successful e-procurement requires two essential factors to maximize return on investment: acceptance of the system by a broad range of employees and content that includes a full listing of the company's offerings. Potential users of e-procurement Web sites often leave the venues and resort to other means of purchasing when they have difficulty finding the items they are looking for, according to the study. ``An [e-] catalogue must contain consistently classified, easy-to-find content,'' said Granada President Torrey Byles in a statement.
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