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A Proposal For eProcurement System For Corporate

Introduction

The objective of this proposal is :
  To provide an overview of eProcurement System and its benefits to the Corporate; and
  To seek for an approval to proceed with the implementation of the eProcurement system to the Corporate
 
Proposed eProcurement Cycle
 

 
eProcurement Flow
 

 
eProcurement Components
 
  Supplier Registration
 
- To gather suppliers information and product catalogue which can be shared within hotel industry
- Information will be viewed and used fro requisition, inquiry, invoicing and payment
   
  Quotation
 
- Request for quotations from the suppliers
- Receiving of quotations from suppliers
- Compare quotations for decision making
   
  Tender
 
- Published open tender / restricted tender
- Submission of tender
- Tender evaluation and awarding process
   
  Reverse Auction/Online Bidding
 
- Publishing of Product Requirements
- Suppliers Bidding for Lowest Price, Highest Quality and Fastest Delivery
   
  Direct Purchase
 
- Purchase from Local Suppliers
   
  Order Fulfillment
 
- Purchase Order Generation and Direct Documents Route to Suppliers
   
  Auto / Electronic Payment
 
- Online Payment
- Electronic Fund Transfer
- Secure Electronic Transaction through MEPS
   
  Integration to Inventory System
 
- Auto transfer of stock items to Inventory System
- Procurement process triggers by Inventory System by using Stock Level Control
- Enable of Just-In-Time Procurement and Inventory Control
   
  Integration to Financial System
 
- Online Budget Checking from Financial System
- Payment Commitment and Process through Financial System
   
  Cost Saving
 
- Smarter Procurement – Eliminate “Unnecessary” Procurement
- Reduce of using Middleman
- Best Deal approach
- Best Quality approach
- Spent Analysis to Reduce Procurement Expenditure
   
  Increase Competition Among Suppliers
 
- Increase efficiency among suppliers
- Encourage lower price supplies
   
  Reduction in Product Searching Cost and Time
 
- Eliminate of manual / laborious manpower product searching
- Reduce manual process cost
   
  Minimize Error in Ordering and Fulfillment Process
 
- Automated process ensure efficiency
   
  Implementation of Business Rule and Procurement Policy
 
- Procurement Policy to ensure proper control of capital expenditure
   
  Proper Tracking and Audit Trial
 
- Each Transaction and Activity is being keep tracked and audited
   
  Highest Security Available
 
- 128 Bit of Secure Socket Layer for Data Transmission
- Optional Smart Card (Digital Certificate) usage for different security level
   
  Facilitate Smooth Information Flow
 
- Reports on price, quality, range and availability of products
- Periodically and ad-hoc management reports
- Business Intelligence Reports for better Analysis and Decision Making
 
 
© 2009  MSL Software Company Limited.