• E-Procurement https://store.theartofservice.com/The E-Procurement Toolkit.html E-procurement 1 E-procurement (electronic procurement, sometimes also known as supplier exchange) is the business-to-business or business-to-consumer or business-togovernment purchase and sale of supplies, work, and services through the Internet as well as other information and networking systems, such as electronic data interchange and enterprise resource planning. https://store.theartofservice.com/The E-Procurement Toolkit.html E-procurement 1 The e-procurement value chain consists of indent management, eTendering, eAuctioning, vendor management, catalogue management, Purchase Order Integration, Order Status, Ship Notice, eInvoicing, ePayment, and contract management https://store.theartofservice.com/The E-Procurement Toolkit.html E-procurement Elements of e-procurement include request for information, request for proposal, request for quotation, RFx (the previous three together), and eRFx (software for managing RFx projects). 1 https://store.theartofservice.com/The E-Procurement Toolkit.html E-procurement - In the public sector Public sector organisations use eprocurement for contracts to achieve benefits such as increased efficiency and cost savings (faster and cheaper) in government procurement and improved transparency (to reduce corruption) in procurement services. E-procurement in the public sector has seen rapid growth in recent years. Act 590 of Louisiana's 2008 Regular Legislative Session requires political subdivisions to make provisions for the receipt of electronic bids. 1 https://store.theartofservice.com/The E-Procurement Toolkit.html E-procurement - In the public sector E-procurement in the public sector is emerging internationally. Hence, initiatives have been implemented in Singapore, UK, USA, Malaysia, Australia and European Union. E-procurement projects are often part of the country’s larger e-Government efforts to better serve its citizens and businesses in the digital economy. For example, Singapore’s GeBIZ was implemented as one of the programmes under its e-Government masterplan. 1 https://store.theartofservice.com/The E-Procurement Toolkit.html E-procurement - Vendors This field is populated by two types of vendors: big enterprise resource planning (ERP) providers which offer eprocurement as one of their services, and the more affordable services focused specifically of e-procurement. 1 https://store.theartofservice.com/The E-Procurement Toolkit.html E-procurement - E-procurement systems An e-procurement system manages tenders through a web site. This can be accessed anywhere globally and has greatly improved the accessibility of tenders. An example is the System for Acquisition Management (SAM), which on July 30, 2013 combined information from the former Central Contractor Registration and Online Representations and Certifications Application (ORCA), in the United States. 1 https://store.theartofservice.com/The E-Procurement Toolkit.html Sylvia Kierkegaard - Recent publications 1 Going, Going, Gone! E-Procurement in the EU International (2006) Journal of Computing and Information Sciences – (IJCIS) Volume 4 – Number 1 – April 2006 https://store.theartofservice.com/The E-Procurement Toolkit.html Spend management In an enterprise, spend management is managing how to spend money to best effect in order to build products and services. The term is intended to encompass such processes as outsourcing, procurement, eprocurement, and supply chain management. Since the "spend manager" could have a significant impact on a company's results, it has been advocated that this manager have a senior voice in running the company. 1 https://store.theartofservice.com/The E-Procurement Toolkit.html Spend management - Spend management systems Most recently, companies have been utilizing new tools such as e-sourcing (for bidding and reverse auction), eprocurement (to control and monitor purchasing activities and contracts), and e-spend analytics (to gain insight into how much money is being spent on what types of services or products). Some tools are also addressing the entire spending chain, or purchase-to-pay cycle. Some of the newer spend management solutions are 1 https://store.theartofservice.com/The E-Procurement Toolkit.html Electronic commerce - Types of e-commerce 1 Web-based purchasing policies increase the transparency of the procurement process (and reduces the risk of irregularities). To date, however, the size of the B2G e-commerce market as a component of total e-commerce is insignificant, as government eprocurement systems remain undeveloped. https://store.theartofservice.com/The E-Procurement Toolkit.html Sustainable procurement - Policy development 1 On December 8, 2006 the Greater London Authority became the first public-sector body to publish a sustainable procurement policy,http://www.london.gov.uk/gla/tenders/docs/susta inable-procurement.pdf The GLA Group Sustainable Procurement Policy promising to award a “distinct competitive advantage” to those companies which demonstrated a commitment to sustainable procurement concerns.http://www.ft.com/cms/s/b2a1cdec-866011db-86d5-0000779e2340.html Financial Times, December 8, 2006, 'Diversity linked to London contracts' The policy reflected the Ken Livingstone|Mayor’s enthusiasm for public procurement as a tool for fostering social inclusion, equality and environmental objectives. https://store.theartofservice.com/The E-Procurement Toolkit.html Purchase-to-pay - History 1 The term emerged in the 1990s and is one of a number of buzzword|buzz phrases (like Business-to-business|B2B, B2C, G2C etc.) that emerged as Internet applications became used more widely in business. Although it does not necessarily refer directly to the application of technology to the purchasing process, it is most often used in relation to applications like eprocurement and ERP purchasing and payment modules. https://store.theartofservice.com/The E-Procurement Toolkit.html Purchase-to-pay - A discipline in its own right This was driven primarily by the supply chain software vendors and consultants as well as by governments who had recognised and enthusiastically embraced concepts like e-procurement 1 https://store.theartofservice.com/The E-Procurement Toolkit.html Reverse auction In business, the term most commonly refers to a specific type of auction process (also called 'procurement auction', 'eauction', 'sourcing event', 'e-sourcing' or 'eRA', 'eRFP', 'e-RFO', 'e-procurement', 'B2B Auction') used in government or private sector Tendering|procurement. 1 https://store.theartofservice.com/The E-Procurement Toolkit.html Reverse auction - Context The most common application of reverse auctions is for E-procurement, a strategy used by purchasing as part of strategic sourcing and other supply management activities. 1 https://store.theartofservice.com/The E-Procurement Toolkit.html Chief Procurement Officer 1 Globalization, compliance pressures, supply market risk and Eprocurement|procurement automation have simultaneously elevated the visibility of the procurement discipline within companies and increased supply management challenges https://store.theartofservice.com/The E-Procurement Toolkit.html Ariba - Past acquisitions and competitors 1 In April, 2013, Ariba partnered with MedAssets to extend the latter's supply chain management and outsourced procurement functionalities. The Paypers. “[ http://www.thepaypers.com/news/einvoicing-scf-e-procurement/aribateams-up-with-medassets/750738-24 Ariba teams up with MedAssets].” April 9, 2013. Retrieved April 29, 2013. https://store.theartofservice.com/The E-Procurement Toolkit.html Universal Business Language - Northern European Subset - NESUBL As part of the Northern European cooperation on e-commerce and eprocurement, representatives from Denmark, Sweden, Norway, Finland, UK and Iceland set up a working group for developing a Northern European subset of UBL 2.0 documents 1 https://store.theartofservice.com/The E-Procurement Toolkit.html Call for bids - Locating tenders Public sector organizations are legally obliged to release tenders for works and services. In the majority of cases, these are listed on their websites and traditional print media. Electronic procurement and tendering systems or e-procurement are also increasingly prevalent. 1 https://store.theartofservice.com/The E-Procurement Toolkit.html Advanced Business Solutions - History The acquisitions of Eprocurement|eProcurement company Belmin[ http://www.fsn.co.uk/channel_enterprise_finan cials/news/coa_solutions_acquires_eprocurem ent_specialist_belmin.htm FSN Article about COA Solutions purchasing Belmin] in February 2008 and HR specialist ASR Computers in April 2008[ http://www.personneltoday.com/articles/2008/0 4/10/45345/coa-solutions-acquires-uk-hrsoftware-firm-asr-computers.html Personneltoday.com article about COA Solutions purchasing ASR Computers] were completed 1 https://store.theartofservice.com/The E-Procurement Toolkit.html Defence Procurement Agency - History The Defence Procurement Agency was established on April 1, 1999, after the announcement in the Strategic Defence Review of a specialised agency to succeed the MoD Procurement Executive.[http://hansard.millbanksystems.co m/written_answers/1999/mar/31/defenceprocurement-agency Defence Procurement Agency] Hansard, 31 March 1999 As of April 1, 2007 the Agency was merged with the Defence Logistics Organisation to form a new organisation called Defence Equipment and Support.[http://www.mod.uk/DefenceInternet/M icroSite/DES/OurPublications/DeandsInBrief.ht m DES in Brief] https://store.theartofservice.com/The E-Procurement Toolkit.html 1 Wholesale However, with the advent of the internet and e-procurement there are an increasing number of wholesalers located nearer to the manufacturers in China, Taiwan, and Southeast Asia. 1 https://store.theartofservice.com/The E-Procurement Toolkit.html Drop shipping - Developments 1 Since 2006 many drop ship companies have emerged in China, many of which offer wholesale and drop shipping services to both companies and individuals. This is largely due to the increasing ease of e-procurement and the growing part that the internet is playing in e-commerce. Drop ship suppliers based in China have increasingly been able to compete with same-country distributors because of improved logistics for small packets and the easing of trade barriers. https://store.theartofservice.com/The E-Procurement Toolkit.html GEP Worldwide - Acquisition 1 In 2012, GEP acquired Enporion, a supply chain management company based in Tampa, Florida. Enporion provided strategic sourcing and e-procurement applications, and served customers in the electric and gas utilities, manufacturing and distribution industries. https://store.theartofservice.com/The E-Procurement Toolkit.html EGovernment in Europe - Cyprus The E-procurement|eProcurement legislation in Cyprus has been put into force at the beginning of 2006. At a latter stage, the eProcurement system was implemented based on the provisions of the specific law (N.12(I)2006). The system aims to support the electronic publication and evaluation of tenders, and is available free of charge for all contractors in the Republic of Cyprus and all economic operators in Cyprus and abroad. 1 https://store.theartofservice.com/The E-Procurement Toolkit.html EGovernment in Europe - Malta * developing and offering an Eprocurement system; 1 https://store.theartofservice.com/The E-Procurement Toolkit.html EGovernment in Europe - Portugal 1 The national e-Procurement portal, which is currently merely an information tool, is destined to become the central procurement mechanism for the entire Portuguese public administration. https://store.theartofservice.com/The E-Procurement Toolkit.html Procurement software While traditionally most e-procurement software systems have been designed for larger organizations, there are now also systems available for the SMB market, such as the Free-Procurement Project by SpendMap 1 https://store.theartofservice.com/The E-Procurement Toolkit.html Public procurement - The Procurement G6 1 The 'Procurement G6' is an informal group of the six national Central Purchasing Bodies, leaders on Eprocurement|e-procurement and framework agreements. Known as the MMGP - Multilateral Meeting on Government Procurement. Members of the Procurement G6 are: https://store.theartofservice.com/The E-Procurement Toolkit.html Samsung iMarketKorea 1 Samsung iMarketKorea is Korea's leading business to business e-procurement service provider. The company manages over one million products with a turnover of 979 billion Won as of 2007. Internationally, iMarketKorea operates in North America, South America, Asia, and Europe. https://store.theartofservice.com/The E-Procurement Toolkit.html Centre for Railway Information Systems - Major IR projects 1 #E-Procurement System: Provides a secure, fair and transparent method of materials procurement through a webbased interface https://store.theartofservice.com/The E-Procurement Toolkit.html Caribbean (CARICOM) Single Market and Economy - Regional Integration Electronic Public Procurement System 1 Component 1 – National Government Procurement Frameworks: Analysis, Comparison and Recommended Improvements; Component 2 – Collection and Analysis of Government Procurement Statistics; and Component 3 – Recommendations for a Regional Best-practice Regime for Government Procurement.[http://roselawcaribbea n.com/csme-procurement/ CSME and Procurement] https://store.theartofservice.com/The E-Procurement Toolkit.html For More Information, Visit: • https://store.theartofservice.co m/The E-Procurement Toolkit.html The Art of Service https://store.theartofservice.com