Delegates to the NLC Congress of Cities can learn more about electronic commerce issues and innovations in technology at Tech City, located in the Innovations Hall of the Philadelphia Convention Center.
One of the hottest trends in technology is electronic commerce. Broadly defined, electronic commerce (EC) is the buying and selling of goods and services over secure, open, accessible networks, and particularly the Internet. Electronic commerce provides the tools to reshape operations, create efficiencies, lower transaction costs and alleviate duplication of effort.
All governments are keenly aware of the need to get more for their citizens' dollars. Perhaps no where is this felt more acutely than within government's purchasing function. States and local governments spend an estimated $680 billion annually. Not only does this figure represent a tremendous economy, but the actual costs of purchasing represents a tremendous opportunity for savings. What if the actual cost of buying could be reduced through the use of electronic commerce by 5 percent, 10 percent, or even 30 percent? These add up to billions of dollars of real savings. This is the promise of electronic commerce to city governments.
At the National League of Cities' upcoming Congress of Cities in Philadelphia, Penn., delegates will be introduced to the latest developments in electronic commerce, as well as other innovations in information technology. This technology exhibit called …