E Procurement

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It is on E Procurement of materials. Presented by Nikhil Soni and Mayank Sharma, of FMG-18A, FORE School of Management

It is on E Procurement of materials. Presented by Nikhil Soni and Mayank Sharma, of FMG-18A, FORE School of Management

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  • Save moneyImprove worker collaboration - these web-based applications can be accessed by all of the departments in a company.help companies find the ideal suppliers for their materialsE-sourcing also encourages the development and use of best practices. Because most of the processes involved in e-sourcing will become templates, successful practices will be easily carried out each time those templates are usede-sourcing can improve training and efficiency. The majority of e-sourcing applications available can easily be used as off-line training tools to give employees hands-on experience with the application without jeopardizing the company's actual data

Transcript

  • 1. E-Procurement
    By: Nikhil Soni – 91038
    Mayank Sharma – 91031
  • 2. Traditional Procurement Cycle
    Pay
    Order
    Receive
    Source
    Request
    Analytics
    Procurement cycle starts from Raising of the requirements for an
    item or a service and ends only after settlement of supplier
    payments.
  • 3. Traditional Procurement Process
  • 4. Constraints
  • 5. For IBM,
    The acquisition of direct and indirect products and services using the internet and new technologies to facilitate a seamless, end-to-end stream of strategic procurement activities by connecting buyers and suppliers.
  • 6. For IBM,
    The inclusion of tools and business intelligence systems that enable improved responsiveness and analysis within the procurement organization.
  • 7.
    • For IBM,
    • 8. The linkages between suppliers and internal systems across the supply chain.
  • Objectives
  • 9. E-Procurement’s Popularity Trends
  • 10. Topics for Discussion
  • 11. Web-Based ERP
    Creating and approving purchasing requisitions, placing purchase
    orders and receiving goods and services by using a software system
    based on Internet technology.
    Product Vendors – SAP, Oracle, The SAGE Group
  • 12. Web-Based ERP
  • 13. Web-Based ERP
  • 14. E-MRO - Maintenance, Repair and Overhaul
    The same as web-based ERP except that the goods and services
    ordered are non-product related MRO supplies.
  • 15. E-Sourcing
    Identifying new suppliers for a specific category of purchasing
    requirements using Internet technology.
  • 16. E-Sourcing Benefits
  • 17. Reverse Auctioning
    Using Internet technology to buy goods and services from a number
    of known or unknown suppliers.
  • 18. E-Tendering
    Sending requests for information and prices to suppliers and
    receiving the responses of suppliers using Internet technology.
    Tender
    Preparation
    Tender
    Publishing
    Bidder
    Response
    Bid
    Evaluation
    Contract
    Award
    Indent
    To Tender
    Request
    e-Tendering Solution
    An e-Tendering solution primarily facilitates the ‘Tendering Process’
    and may cover from Indenting of Requirements to the placing of
    contract/PO
  • 19. E-Tendering
    Benefits to Buyers
    • Cost Reduction
    • 20. New Supplier Discovery
    • 21. Close Monitoring of Activities/ Vendor Performance
    • 22. Rich MIS and Analytics
    • 23. Standardized formats and Uniform tendering practices
    Benefits to Suppliers
    • Increased visibility/ Less artificial barriers
    • 24. Increased business opportunities,
    • 25. Greater degree of transparency
    • 26. Cycle time reduction in participation and award of Contract
    • 27. Supplier Enablement and Ease of Participation
  • E-Tendering for CWG (Delhi Govt.)
  • 28. E-Informing
    Gathering and distributing purchasing information both from and to
    internal and external parties using Internet technology.
  • 29. E-Marketsites
    • Expands on Web-based ERP to open up value chains.
    • 30. Buying communities can perform the following:
  • E-Procurement Cons
  • 31. IBM’s SupplyPortal
  • 32. E-Procurement at Siemens
  • 33. Siemens – Click2Procure