“The e-Procurement is an obvious testimony to one of the e-Government; successful
implementations of ICT to further enhance public service delivery to public and private
entities. The e-Procurement application has enabled Government agencies to procure
goods and services electronically in an efficient and transparent manner.”
Dato 'Sri Mohd Najib bin Tun Haji Abdul Razak
Deputy Prime Minister of Malaysia
September 14, 2005
Deputy Prime Minister of Malaysia
September 14, 2005
INTRODUCTION
Electronic procurement (eP) has become one of the most successful of electronic commerce applications in the world. It has been widely adopted by companies seeking better business processes and an improved bottom line. These advantages have not been lost on governments which also engage in extensive buying activities and are major customers for a wide range of goods and services. eP can be a powerful tool in the government activity although this was not acknowledged as a major driver of its development. That is the important benefit of eP to the Government Sector as a whole. eP can reduce transaction costs, lead to a better decisions and get better value in the procurement output. eP also known can assist small businesses through the reduction of red tape and providing access to small businesses to Government electronic market places.
eP converts traditional manual procurement processes in the Government machinery to electronic procurement on the Internet. eP is an end-to-end electronic procurement system that enables Government Agencies around the country to procure products and services electronically from both local and international suppliers. It uses Internet technologies to bring Government Agencies in the country and Suppliers around the world together into a virtual trading environment. Its comprehensive and extensive functionality also creates an interactive and secure trading environment. Upon final implementation of the eP system, full services will be available to all four types of procurement that is Central Contract, Direct Purchase, Quotation and Tender
eP converts traditional manual procurement processes in the Government machinery to electronic procurement on the Internet. eP is an end-to-end electronic procurement system that enables Government Agencies around the country to procure products and services electronically from both local and international suppliers. It uses Internet technologies to bring Government Agencies in the country and Suppliers around the world together into a virtual trading environment. Its comprehensive and extensive functionality also creates an interactive and secure trading environment. Upon final implementation of the eP system, full services will be available to all four types of procurement that is Central Contract, Direct Purchase, Quotation and Tender