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E-procurement status
A lot of these dot-coms are still in business, so they must be making money, right? Even though the book space has been slow to adopt, there are other segments of the printing industry using these services consistently.
"Four to five percent of the industry uses e-procurement," says Michalisko. "Commercial printing is a $113 billion-a-year industry. Buyers consistently say they want the personal touch, but at the same time, 80 percent say that there are huge benefits to using online procurement with job specifications, management and communications packaged together. The hurdle is getting them to take the first step."
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