Future of purchasing in global economy

Prepare a paper of no less than 1,000 words. Based on current events and trends in the sourcing and procurement environment hypothesize the future of purchasing in the global economy. Address the following:

- Benefits and risks of e-business

- Changes in purchasing driven by e-business capabilities

- Future opportunities and trends in purchasing

- Business use of purchasing for strategic objectives and as a tool for profitability

- Future challenges in purchasing

Answer is 1000+ words with 5 references and citations