The most critical elements of how MIS systems and processes are contributing to efficiency of enterprise-wide procurement strategies also includes cost reduction through process improvement (Bernstein, Kok, 554, 555). The distributed order management process workflow specifically that links suppliers to companies purchasing their products relies in a high degree of pricing, product availability and data synchronization to function correctly. The use of MIS systems and processes together are automating the distributed order management process globally for companies who have suppliers located around the world. These supplier networks (Bernstein, Kok, 567) are supported through XML-based connectivity and integration to ensure real-time data is available. With this data, companies can better manage their supply chains to performance levels not possible without the analytics made possible through the use of MIS systems and data.
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The future trends in data security will continue to focus on the high level of mobility WiFi, RFID (Ozdemir, Xiao, 2022) are providing companies in expanding their businesses. As a result of this expansion Web Services (Hondo, Nagaratnam, Nadalin, 240, 241) will continue to need to be secured. Procurement will continue to benefit from the highly collaborative applications being development as part of the en masse adoption of Web 2.0 technologies (Snow, 4, 5). In conjunction with broader adoption of XML as a secured communications link, procurement will migrate away from being focused on serial, serially-based processes to center more on truly collaborative, multi-workflow environments. Procurement is in the process of evolving into private trading exchanges and networks (Bernstein, Kok, 560, 561). This migration...
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