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1) Delay in getting reply for inquiries made to the client/customer.
2) Lack of security of business secrecy such as prices , discounts , commission, margins etc.
3) chances of fraudlent manipulation in transactions or other dealings
-Delay in getting reply for inquiries.
-Low trust in product quality and matching the spec with our requirement.
-Lack of trust in getting the product so far in case of advanced payment.
-Lack of security of business secrecy such as prices, discounts, commissions, margins etc.
-Chances of fraudulent manipulations in transactions or other dealings.
Biggest Procurement Challenges
Valuating potential suppliers and selecting the right one
Finding suppliers
Supplier relationship management and performance evaluation
Managing stakeholders
Accurate data
Reducing costs and achieving savings
Strategy selection
Supplier-related issues
Supplier-related issues
Evaluating potential suppliers and selecting the right one
the accuracy of specification is not correct some times.
some times delivery was delayed because of specialized product.
Thank you for the invitation.
The following might be considered as e-procurement disadvantages:
1. The Accuracy of the inventory levels are not always precise on electronic systems
2. Payment Confirmation problems.
3. Delay in delivery
4. Receiving items which are not the same as advertise
5. Custom orders, e-procurement systems may not be set up to handle such orders
The biggest issue we face is that the new technology which is invented is not available in the Kingdom and we need to supply it immediately to the firm.
Warranty and Guaranty. the accuracy o the inventory level are not always precise on electrical system. proper delivery issue
They are;
a. Linking the computer systems of buyer and suppliers ,
b. Getting employees to use the procurement tools already in place is another and
Re-engineering the process
Many issues might happen 1 crash in the system where the orders are not delivered,employees negligence where the order are not taking care off .
these are the main issues that might face during electronic procurement