Reducing processing time: online procurement systems

| 0 Comments
Elmo Erasmus.pngSimilar to the latest communications technologies, massive strides are being made on the e-Procurement front to facilitate procurement processes and transactions faster, better and more cost effectively, Elmo Erasmus, Chief Technology Officer at WebPortunities told SmartProcurement.

Furthermore, the improved technologies are strengthening online procurement systems, making them highly adaptable to the particular circumstances of the client and easy to interface with the other relevant technologies such as Oracle, JD Edwards, Syspro, Ellipse and SAP, said Erasmus.

A crucial feature of any online procurement system is reducing processing time. If that time reduction is accompanied by ease of use, transparency and significant price reductions, then it makes business sense, he enthuses.

“In today's global economy it’s all about functionality, reliability and high service levels that must be delivered cost efficiently.”

WebPortunities lists opportunities for suppliers and buyers in all business sectors as well as casual visitors looking for suppliers.

To illustrate what online procurement systems offer, Erasmus discussed a recent tender in which South African producer of phosphates and phosphoric acid Foskor invited potential service providers and vendors to bid to supply a range of stock items.

The invitation to tender was printed in a national Sunday newspaper and directed potential suppliers to the WebPortunities site where they can directly submit their tenders without having to draw up lengthy and time consuming documentation.

All tender responses are collected via the website and are made available to the buyer who can opt for WebPortunities’ solution for evaluation, business award and contract / order maintenance.

“With a traditional ‘tender box’ system a project like this could easily take 6 to 12 months, but with an online procurement system the time is reduced to 6 weeks, and usually accompanied by significant price reductions,” he said.

WebPortunities’ technology is local, emphasises Erasmus. It has adopted and adapted available Microsoft software to drive a web-based platform that is has been implemented in organisations such as Absa Insurance Company, FOSKOR Group, NAMDEB ( a member of De Beers Group), Rio Tinto (Rössing Uranium, Richards Bay Minerals), Vedanta (Skorpion Zinc, Black Mountain) and Paladin Energy (Langer Heinrich Uranium).

For more information on online procurement systems, contact Elmo Erasmus of WebPortunities at elmo@taranawa.com

Leave a comment


SmartProcurement Newsletter
X

Please enter your details below to receive the SmartProcurement Newsletter for FREE on a regular basis.

As part of the SmartProcurement Newsletter you will be receiving World Class Procurement News, Tools, Tips, Tactics, Procurement Training updates, Upcoming Events, and the latest Procurement Career Openings.

* Email Address:
* Title:
* First Name:
* Surname:
* Company:
  Position:
* Country:
* Public / Private:

 

Career opportunites

Operations Manager

  • >500 000 Gauteng Operations, Planning & Inventory Permanent Supply Chain
Our client within the FMCG industry with a ...More

Warehouse and Distribution Manager

  • >500 000 Gauteng Logistics & Warehousing Operations, Planning & Inventory Permanent
An exciting opportunity awaits for a Warehouse and ...More

Demand Planner

  • <500 000 Permanent
Get an opportunity to be part of one ...More

Procurement Manager

  • >500 000 Gauteng Permanent Procurement Management Procurement Officer / Specialist
An opportunity for a seasoned Procurement Manager, who ...More

Industrial Engineer

  • >500 000 Gauteng Industrial Engineer Permanent Procurement Consultant
An exciting opportunity that offers extensive exposure on ...More

Deputy Director: Procurement

  • >500 000 Contract Procurement Management Procurement Officer / Specialist Western Cape
Department of Economic Development and Tourism:Procurement Specialist, Ref ...More

DEMAND PLANNING MANAGER

  • >500 000 Gauteng Operations, Planning & Inventory Projects / Category Management
(Total Cost to Company R750k – R900K) excluding ...More

GLOBAL SUPPLIER PERFORMANCE MANAGER

  • >500 000 Gauteng Operations, Planning & Inventory Permanent Projects / Category Management
(Salary: R 1.3M –R1.5M, dependent on level of ...More

GLOBAL CATEGORY MANAGER

  • >500 000 Contract Gauteng Procurement Consultant Projects / Category Management
Total Cost to Company R1mil – R1.2mil excluding ...More

Project Manager

  • >500 000 Contract Procurement Management Projects / Category Management Western Cape
 Description:A well-known retail organization is looking for an ...More

PROCUREMENT ANALYST

  • >500 000 Analyst Gauteng Permanent Procurement Management
Description:A leading infrastructure development group with strong presence ...More

Commodity Manager: Fuels and Lubes

  • Commodities Gauteng Permanent Projects / Category Management
 Ensuring continuity of supply in line with business ...More

Senior Facilities Manager

  • >500 000 Commodities Gauteng Operations, Planning & Inventory Permanent
(Total Cost to Company R800K – R900K) Johannesburg Our ...More

ENGINEERING STANDARDS MANAGER

  • <500 000 >500 000 Gauteng Industrial Engineer Permanent Procurement Management
(Total Cost to Company R350K – R550K) JOHANNESBURGYou ...More

Supply Chain Analyst

  • <500 000 >500 000 Permanent Procurement Officer / Specialist Supply Chain Western Cape
(Total Cost to Company R350K – R550K)  SOUTHERN ...More

Security Manager

  • <500 000 >500 000 Gauteng Permanent Projects / Category Management Strategic Sourcing
(Total Cost to Company R350K – R550K) JOHANNESBURG This ...More

Demand Planner

  • <500 000 >500 000 Operations, Planning & Inventory Permanent Projects / Category Management
(Total Cost to Company R450k – R550k, dependent ...More

Procurement Specialist-Randburg

  • >500 000 Gauteng Permanent Procurement Management Procurement Officer / Specialist
(Total Cost to Company R700k – R800k including ...More

Solutions Architect

  • >500 000 Gauteng Industrial Engineer Permanent Projects / Category Management
(Total Cost to Company R1.3Mil – R1.1Mil including ...More

MANUFACTURING MANAGER - OLIFANTSFONTEIN

  • >500 000 Gauteng Permanent Projects / Category Management
(Total Cost to Company R850k – R950K including ...More