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Classification in E-Procurement - University of Reading

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Companies<br />

Products<br />

Match<strong>in</strong>g Products<br />

Unit <strong>of</strong> measure. Re-sellers.<br />

Item level detail<br />

allows like-for-like comparison, which means that<br />

opportunities for sav<strong>in</strong>gs can be detected such as:<br />

price variance,<br />

price benchmark, and<br />

contract opportunities and contract leakage.<br />

Key is to classify …<br />

<strong>Classification</strong> <strong>in</strong> E-<strong>Procurement</strong>- 5<br />

Presented at CIS 2012 © Dr Richard Mitchell 2012

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