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Jason McDowell, an HR manager with Prime Banking and Consultancy, switched from the traditional recruitment methods he had used successfully for over a decade to using the Internet as a platform to advertise job openings. He feels that this change enables him to portray his company's culture in a way that appeals to the younger generation who are avid users of these sites. Additionally, it helps him target the younger generation of potential candidates who are required to fill the positions that are becoming vacant as employees of the baby boomer generation are set to retire. It also helps him minimize costs-a crucial benefit in the uncertain economic conditions that are prevailing. His ability to alter his methods to suit the external factors affecting the organization reflects the area of HR function that Ulrich referred to as the _____.
E-Procurement System
An electronic system that automates the purchasing and procurement processes of organizations.
Small Dollar Value
Transactions or items that have a low monetary worth but may occur frequently within a business or transactional context.
Original Delivery Promise
The initial commitment made by a supplier regarding the delivery time of goods or services.
Speed Up Delivery
The process of increasing the speed at which goods are moved from the supplier to the customer in order to reduce lead times.
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