{"id":628,"date":"2017-05-05T10:28:44","date_gmt":"2017-05-05T03:28:44","guid":{"rendered":"http:\/\/bbs.binus.ac.id\/management\/?p=628"},"modified":"2018-01-05T10:31:48","modified_gmt":"2018-01-05T03:31:48","slug":"the-benefits-of-e-procurement","status":"publish","type":"post","link":"https:\/\/bbs.binus.ac.id\/management\/2017\/05\/the-benefits-of-e-procurement\/","title":{"rendered":"The Benefits of E-Procurement"},"content":{"rendered":"
\n
\n
\n

By automating and streamlining the procurement process, corporate purchasing buyers can focus on more strategic activities that result in:<\/p>\n

    \n
  • Increasing the productivity of purchasing\n

    agents, providing them with more non-routine time and reducing job pressures; possibly reducing purchasing departments\u2019 overhead.<\/li>\n

  • Lowering purchase per item prices through activities such as product standardization, reverse auctions, volume discounts, and consolidation of purchases from fewer suppliers.<\/li>\n
  • Improving information flow and its control (e.g., price comparisons).<\/li>\n
  • Reducing the frequency and cost of maverick buying.<\/li>\n
  • Improving the payment process, and sellers\u2019 savings due to expedited payment cycle.<\/li>\n
  • Establishing more efficient and collaborative partner relations due to information sharing.<\/li>\n
  • Improving the manufacturing process for the suppliers.<\/li>\n
  • Ensuring delivery on time, and fewer stock-outs.<\/li>\n
  • Reducing the skill requirements and training\n

    needs of purchasing agents.<\/li>\n

  • Reducing the number of suppliers.<\/li>\n
  • Streamlining and expediting the purchasing\n

    process.<\/li>\n

  • Controlling inventories more effectively at the\n

    buyers\u2019 end.<\/li>\n

  • Streamlining invoice reconciliation and dispute resolution.<\/li>\n
  • Reducing the administrative processing cost per order by as much as 90% by reducing purchasing overheads and intermediary fees.<\/li>\n
  • Finding new suppliers that can provide goods and services faster and\/or less expensively (e.g., by going global and use online price\n

    comparisons).<\/li>\n<\/ul>\n<\/div>\n

    \n

    \u2022 Integrating budgetary controls into the procurement process (e.g., ariba.com).<\/p>\n

    \u2022 Minimizing human errors in the buying or shipping processes.<\/p>\n

    Source :<\/p>\n

    Efraim Turban, David King, Jae Kyu Lee, Ting-Peng Liang,\u00a0Deborrah C. Turban (2015),\u00a0Electronic\u00a0Commerce\u00a0A Managerial and\u00a0Social Networks Perspective<\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

    By automating and streamlining the procurement process, corporate purchasing buyers can focus on more strategic activities that result in: Increasing the productivity of purchasing agents, providing them with more non-routine time and reducing job pressures; possibly reducing purchasing departments\u2019 overhead. Lowering purchase per item prices through activities such as product standardization, reverse auctions, volume discounts, […]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[7,12,10,9,22,8,15,38,21,30],"class_list":["post-628","post","type-post","status-publish","format-standard","hentry","category-article","tag-bbs","tag-digital","tag-e-business","tag-e-commerce","tag-ebusiness","tag-management","tag-performance","tag-procurement","tag-supply-chain","tag-supply-chain-management"],"_links":{"self":[{"href":"https:\/\/bbs.binus.ac.id\/management\/wp-json\/wp\/v2\/posts\/628","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bbs.binus.ac.id\/management\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bbs.binus.ac.id\/management\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bbs.binus.ac.id\/management\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/bbs.binus.ac.id\/management\/wp-json\/wp\/v2\/comments?post=628"}],"version-history":[{"count":1,"href":"https:\/\/bbs.binus.ac.id\/management\/wp-json\/wp\/v2\/posts\/628\/revisions"}],"predecessor-version":[{"id":629,"href":"https:\/\/bbs.binus.ac.id\/management\/wp-json\/wp\/v2\/posts\/628\/revisions\/629"}],"wp:attachment":[{"href":"https:\/\/bbs.binus.ac.id\/management\/wp-json\/wp\/v2\/media?parent=628"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bbs.binus.ac.id\/management\/wp-json\/wp\/v2\/categories?post=628"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bbs.binus.ac.id\/management\/wp-json\/wp\/v2\/tags?post=628"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}