|
e-Procurement Migration

The
purchasing function is one of the last greatly unmanaged areas of
expense. With e-procurement, purchasing professionals can jettison
all the paperwork and do their jobs more strategically and competitively.
The
sizeable benefits of streamlining and automating the purchasing
function are:
-
Reducing
the cost of what you buy, and
- Reducing
the cost of the procurement mechanism and/or the purchasing department
that buys it for you.
If
you think it makes sense to delay e-procurement, think again. But
automating inefficient processes does not make them more efficient
it just speeds them up. E-procurement won't help your organization
buy the "right" products. It won't cure "rogue"
purchasing. Purchasing electronically from suppliers who already
charge too much will never help you reduce your costs.
Nonetheless,
delaying e-procurement until your business processes are straightened
out or until "things settle down" may be unwise. Improving
competitiveness is the best reason to adopt e-procurement. Only
your competitors stand to benefit from your delay.
If you
find yourself saying: "E-procurement is a great idea
but we'd be crazy to automate this mess!" you're
not alone. Paperwork has always been the Achilles heel of the
purchasing function.
If this
is your reason for waiting to adopt e-procurement, ValueNet will
assess your existing purchasing processes, the products you buy,
the suppliers you buy from, the prices you pay, your contract terms,
and your payment processes and financial reporting requirements.
We will recommend improvements that are guaranteed to lower
your current costs and get you ready to migrate to
an e-procurement platform. If we cannot reduce your current costs
and produce documented savings, then there is no fee.
Otherwise,
our fee is paid out of the savings, so the balance of your savings
can be applied to your e-procurement start-up costs. The result?
The fastest possible migration to e-procurement at the lowest
possible cost.
|