E-Procurement, the Golden Key to Optimizing the Supply Chains System

Procurement is an important component in the field of operating resource management and e-procurement is the golden key to optimizing the supply chains system. Global firms are optimistic on the level of savings that can be achieved through full implementation of e-procurement strategies. E-procurement is an Internet-based business process for obtaining materials and services and managing their inflow into the organization. In this paper, the subjects of supply chains and e-procurement and its benefits to organizations have been studied. Also, e-procurement in construction and its drivers and barriers have been discussed and a framework of supplier selection in an e-procurement environment has been demonstrated. This paper also has addressed critical success factors in adopting e-procurement in supply chains.




References:
[1] Leenders, M.R. and Fearon, H.E. (1997), Purchasing and Supply Chain
Management, McGraw-Hill, Boston, MA.
[2] Monczka, R., Trent, R. and Handfield, R. (1997), Purchasing and
Supply Chain Management, International Thomson Publishing,
Cincinnati, OH.
[3] Lamming, R. (1995), Strategic Procurement Management in the 1990s:
Concepts and Cases, Earlsgate Press, Stamford, CT.
[4] Zenz, G. (1994), Purchasing and the Management of Materials, John
Wiley & Sons, New York, NY.
[5] Gebauer, J. and Segev, A. (1998), "Assessing internet-based
procurement to support the virtual enterprise", Electronic Journal of
Organizational Virtualness, Vol. 2 No. 3, pp. 30-43.
[6] Neef, D. (2001), E-procurement: From Strategy to Implementation,
Prentice-Hall, Upper Saddle River, NJ.
[7] Poirier, C.C. and Bauer, M.J. (2000), E-Supply Chain - Using the
Internet to Revolutionize Your Business, Berrett-Koehler Publishers,
San Francisco, CA.
[8] Attaran, M. (2001). "The coming age of online procurement", Industrial
Management & Data Systems, Vol.101 No.4, 2001, pp. 177-180.
[9] Kaufmann, L. (1999), "Purchasing and supply management, a
conceptual framework", in Kaufmann, L. and Hahn, D.(Eds), Handbuch
Industrielles Beschaffungsmanagement: Internationale Konzepte -
Innovative Instrumente - Aktuelle Praxisbeispiele, Gabler, Wiesbaden,
pp. 3-32.
[10] Giunipero, L.C. and Sawchuk, C. (2000), E-purchasing Plus: Changing
the Way Corporations Buy, JGC Enterprises, Goshen, NY.
[11] Alshawi M. Goulding J. and Salah Y. (2004). E-Business in
Construction: A model for Successful Implementation, Proceedings of
INCITE 2004 Designing, Managing and Supporting Construction
Projects through Innovation and IT solutions, February 2004
Langkawi, Malaysia, 227-232.
[12] Eadie R. Perera S. Heaney G. and Carlisle J. (2007). Drivers and
Barriers to Public Sector e-procurement within Northern Ireland-s
Construction Industry, ITcon Journal, Vol. 12, 103-120,
http://www.itcon.org/2007/6
[13] Martin J. (2008). E-Tendering about time too, RICS paper (Available
online http://www.rics.org/NR/rdonlyres/5B41E38D-2433-4AEEA3DC-
5B3C3BB84FB5/0/EtenderingabouttimetooJoeMartin.pdf
[accessed December 2008]).
[14] Knudsen D. (2003). Aligning corporate strategy, procurement strategy
and e-procurement tools, International Journal of Physical Distribution
& Logistics Management, Vol. 33, No.8, 2003, 720-734.
[15] Minahan, T. and Degan, G. (2001). Best Practices in e-Procurement,
Boston: Aberdeen Group, The Abridged Report, (Available online
http://www.hedgehog.com/resources/e-ProcurementAbridged.pdf
[accessed December 2008]).
[16] Martin J. (2003). E-Procurement and extranets in the UK Construction
industry, Conference paper given at FIG Working Week, April 13th-
17th 2003, Paris, France. (Available online
http://www.fig.net/figtree/pub/fig_2003/TS_6/TS6_4_Martin.pdf
[accessed December 2008]).
[17] Davila A. Gupta M. And Palmer R. (2003). Moving Procurement
Systems to the Internet: The Adoption and Use of E-Procurement
Technology Models, European Management Journal, Vol 21, No.1, 11-
23.
[18] Panayiotou N.A. Sotiris G.P. and Tatsiopoulos I.P. (2003). An eprocurement
system for governmental purchasing, International
Journal of Production Economics, Vol. 90 (2004) 79-102.
[19] Egbu C. Vines M. and Tookey J. (2004). The Role of Knowledge
Management in E-Procurement nitiatives for Construction
Organisations, Proceedings of ARCOM Twentieth Annual Conference
2004, September 1-3, Heriot Watt University, (Khosrowshami,F
Editor), Vol. 1, Arcom, University of Reading, Reading, 661 -671.
[20] Hawking P. Stein A. Wyld D. and Forster S. (2004). E-Procurement: Is
the Ugly Duckling Actually a Swan Down Under?, Asia Pacific
Journal of Marketing and Logistics, Vol. 16, No. 1, 2004, 1-26.
[21] Raghavan N.R.S. and Prabhu M. (2004). Object-oriented design of a
distributed agent-based framework for e-Procurement, Production
Planning & Control, Vol. 15, No.7, 731-741 (Available online at
http://taylorandfrancis.metapress.com/(5g4znuq4ne1baga2jlzmbd45)/ap
p/home/contribution.asp?referrer=parent&backto=issue,11,13;journal,1
4,76;linkingpublicationresults,1:100682,1 [accessed December 2008])
[22] McIntosh G. and Sloan B. (2001). The potential impact of electronic
procurement and global sourcing within the UK construction industry,
Proceedings of Arcom 17th Annual Conference 2001, (Akintoye A.
Editor), University of Salford, September 2001, 231-239.
[23] Wong C.H. and Sloan B. (2004). Use of ICT for E-Procurement in the
UK Construction Industry : A Survey of SMES Readiness, Proceedings
of ARCOM Twentieth Annual Conference 2004, September 1-, Heriot
Watt University, (Khosrowshami,F Editor), Vol. 1, Arcom, University
of Reading, Reading, 620 - 628.
[24] Kalakota R. Tapscott D. and Robinson M. (2001). E Business 2.0 :
Roadmap for success, 2nd Edition, Addison-Wesley Publishing
Company, New Jersey, USA.
[25] Kheng C. Al-hawamdeh S. (2002). The Adoption of Electronic
Procurement in Singapore, Electronic Commerce Research, Vol. 2, 61-
73.
[26] Carayannis E. and Popescu D. (2005). Profiling a methodology for
economic growth and convergence: learning from the EU eprocurement
experience for central and eastern European countries,
echnovation, Vol. 25, (2005), 1-14.
[27] Smith J. (2006). Blogs making their impact felt, BBC Website
(Available on-line at
http://news.bbc.co.uk/2/hi/technology/4976276.stm [Assessed
December 08]
[28] Jennings D. (2001). Secure Trading, Supply Management, 6th
September 2001, 52-53.
[29] Kar, A. K. (2009). "Modeling of Supplier Selection in e-Procurement as
a Multi-Criteria Decision Making Problem," Sprouts: Working Papers
on Information Systems, 9(40). http://sprouts.aisnet.org/9-40
[30] Weber, C.A., Current, J. R. and Benton, W. C., "Vendor selection
criteria and methods", European Journal Operational Research, 1991,
Vol. 50, No. 1, pp. 2-18.
[31] Petroni, A. and Braglia, M., "A quality-assurance oriented methodology
for handling trade-offs in supplier selection", 2000, International
Journal of Physical Distribution and Logistics Mgmt, Vol. 30, pp. 96-
111.
[32] Bottani, E. and Rizzi, A. (2005). "A fuzzy multi-attribute framework for
supplier selection in an e-procurement environment", International
Journal of Logistics: Research and Applications, Vol.8, No.3,
September, pp. 249-266.
[33] Verma, R. and Koul, S., 2008, "Dynamic Vendor Selection using the
FAHP Approach",
[34] Puschmann, T. and Alt, R. (2005). "Successful use of e-procurement in
supply chains", Supply Chain Management: An International Journal,
Vol.10 No.2, pp. 122-133.
[35] Shahin A. (2007). "The Role of e-Procurement in Supply Chains";
Civilica Website (Available on-line at www.civilica.com)