Industry Solutions
Procurement Service Provider
A market analysis* by BME, European Business School (Oestrich-Winkel) and Booz Allen Hamilton quotes that approx. 47 percent of German companies in the industry sector handle their purchases by using the services of Service Providers (PSP`s); another 16 percent are planning to use these services in the near future. jCatalog delivers the technical foundation of the major PSP in Europe.
Benefits for the Procurement Service Provider:
- Reduction of purchasing costs
- Reduction of process and transactional costs
- Purchase decisions are based on open high quality content and comparable products
- New supplies can be added to the supply chain
- Reduced TCO's, due to low integration and implementation costs
(* Enquiry of 6,000 BME-Members (german counterpart to ISM) to extent and benefits of electronic marketplaces). The BME aggregates approx. 80 percent of the overall purchasing volume in Germany.)
