CAPS, Ariba Team on Digital Benchmarking System

Share this content:
The Center for Advanced Purchasing Studies and Ariba, a business-to-business e-commerce solutions provider, yesterday said that they have developed eC3, a digital benchmarking process that will provide companies with key metrics and best practices to improve deployment of their electronic purchasing systems.


They said the eC3 program - which stands for collect, compare and collaborate - would be open to all large companies regardless of which e-procurement system they have implemented.


It will augment the traditional, manual benchmarking process that the center, or CAPS Research, uses to collect and analyze data, with an electronic process that extends the scope of the captured metrics and reduces typical benchmarking cycles by 75 percent.


The project will focus on e-procurement transactions and providing benefits in three areas:


* Measurement - defining the key metrics to manage deployment and usage programs for enterprise-level e-procurement systems.


* Comparison - creating meaningful targets for participants' e-procurement deployments based on relevant comparisons within their industry and with best-in-class efforts globally.


* Improvement - enabling new and existing e-procurement users to understand global best practices in e-procurement and incorporate them in their rollout plans.


close

Next Article in Data/Analytics

Sign up to our newsletters

Company of the Week

Brightcove is the world's leading video platform. The most innovative and respected brands confidently rely on Brightcove to solve their most demanding communication challenges because of the unmatched performance and flexibility of our platform, our global scale and reliability, and our award-winning service. With thousands of customers and an industry-leading suite of cloud video products, Brightcove enables customers to drive compelling business results.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above