This presentation discusses the impact of internet related systems and technologies on the supply chain of an organization and helps devise a strategy to adapt the supply chain - and procurement - to leverage the capability presented by digital technology. The author identifies the key elements of a supply chain and their relationship to value chain and value networks, discusses how IT enables and affects these elements of the supply chain, explores the benefits and challenges of e-procurement, analyzes the roi of e-procurement alternatives, and assesses the approaches to integrate an organizations supply chain with that of its key suppliers and vendors. (27 Slides)