e-Procurement

While some businesses spend millions every year on basic office groceries such as coffee, tea, cleaning materials and other everyday commodities, very few manage their spend on these essential items effectively. “It’s easy for anyone in the organisation – from a driver or messenger to the chairman’s personal assistant – to quickly go to the

E-Procurement technology has assisted South Africa’s largest private healthcare network Netcare to cut the time to procure CAPEX items from 3 months to as little as three weeks. The company’s Buynet solution (Powered by local provider mymarket.com) is now used by more than 3500 users, 250 suppliers and 43 sites. The company processes as many

In organisations in which executives with approval authority are often out of the office, e-Procurement functionality is extended to enable the executive to approve a purchase request via SMS. Says Arthur Benting, IT manager at MWEB CommerceZone, a hosted e-Procurement solutions provider, “It won’t matter if the executive is out of the country or without

A recent online reverse auction resulted in savings of up to 13,5% on photocopy paper whilst at the same time boosting the BBBEE score of a consortium of purchasers involved in the transaction. The online auction, held at e-Procurement solution provider, MWEB CommerceZone offices in Johannesburg, furthermore resulted in the price being maintained for an

Local results seem to be echoing recent international research regarding e-Procurement benefits. According to Tracey Newman, CEO of MWEB CommerceZone, recent research from Aberdeen showed that e-Procurement tools deliver a 64% reduction in maverick spending… “Just two-thirds of procurement transactions were compliant with procurement contracts. The resulting maverick spending led to savings leakage in lost