You have recently assumed a senior management position at Services, LLC, a mid-sized Wisconsin-based company that manufactures and sells goods mostly to businesses. One of the reasons the company hired you is to help them expand their e-Commerce business because of your knowledge and experience in this area. In the most recent past, the company had attempted to embrace e-Business and e-Commerce, however it did not have much success doing that. One major reason for the failure in this area was because no one in the company at the senior level was familiar with, or had any experience in e-Business or e-Commerce. The first area in e-Business and e-Commerce that you have been tasked to work on is procurement.

Required:

a) Discuss your planned strategy in e-procurement in terms of the goals to be accomplished, and how these goals can be accomplished. (Note: This is a two-part question. Be sure to answer both parts of the question)

b) Outline the reasons why the senior management committee should approve the plan you discussed above, i.e. operating as an e-business