I’m Sorry, but 40% is a Long Way from 100%!

Yesterday’s post lamented the poor quality of American Education as per a recent ACT survey that found that only 25% of high school students are prepared for college graduates, which followed the results of the National Assessment of Adult Literacy by the Department of Education that found six of seven of American adults are not “proficient” at math. A recent article over on SIG on the evolution of reverse auctions and best practice tips that stated reverse auction capability in the Fortune 500 approaching 100 percent based on an Aberdeen study which found that 61% [of companies] responded [to a survey] in 2009 that they were using eSourcing Tools, with 65% of those using e-Auctions. In other words, 39.5% of companies were using e-Auctions in 2009. 40%, or 4/10, is a long, long way from 100%. It’s not even a majority!

It’s terrible that Aberdeen implied it. It’s horrible that the author indicated it. It’s abysmal that the SIG editor allowed it. All I can say is FAIL!