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Outlining the potential of e-procurement adoption among suppliers in Malaysia

Ibrahim, Marhaiza and Selamat, Mohamad Hisyam (2015) Outlining the potential of e-procurement adoption among suppliers in Malaysia. In: International Conference on E-Commerce (ICoEC) 2015, 20-22 Oktober 2015, Kuching, Sarawak, MALAYSIA.

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This paper conducts a general discussion literature review, explaining the e-Procurement concept and providing the potential of e-Procurement adoption among suppliers in Malaysia. This paper presents the difference between procurement and purchasing also the difference between traditional procurement and e-Procurement. There are many positive impacts and advantages of e-Procurement to government and suppliers. Suppliers benefit significantly from e-Procurement in terms of new market creation, additional revenue opportunities, competitive advantage, cost savings, customer satisfaction and operational efficiencies.By utilizing the e-Procurement system, the employees are able to increase direct access via supplier’s websites to verify price tips, technological requirements and to visualize product images as well as full specification of product.E-Procurement is able to generate electronic applications, creating and approving purchase requisitions and propose purchase orders online to selected suppliers.This in turn creates forces on Malaysian suppliers to adopt e-Procurement to be competitive in the current industry

Item Type: Conference or Workshop Item (Paper)
Additional Information: ISBN: 978-967-0910-10-9 Organized by: School of Accountancy, Universiti Utara Malaysia.
Uncontrolled Keywords: e-Procurement, e-Procurement advantages, suppliers, Malaysia
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Divisions: Tunku Puteri Intan Safinaz School of Accountancy (TISSA)
Depositing User: Mdm. Marhaiza Ibrahim
Date Deposited: 13 Mar 2016 02:35
Last Modified: 14 Apr 2016 03:57
URI: http://repo.uum.edu.my/id/eprint/17540

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