E-procurement in Permodalan Nasional Berhad: benefits and challenges / Muhammad Khairul Hazwan Zainal

The procurement concept is moving ahead from traditional manual paper-based to electronically-based due to improvement in Internet and World Wide Web technology. In such a highly competitive environment nowadays, it is necessary for every company to maintain an efficient and effective procurement to...

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Bibliographic Details
Main Author:	Zainal, Muhammad Khairul Hazwan
Format:	Student Project
Language:	English
Published:	Faculty of Business and Management 2009
Subjects:	Computer networks. Electronic information resources . Including the Internet Financial management. Business finance. Corporation finance
Online Access:	http://ir.uitm.edu.my/id/eprint/25670/ http://ir.uitm.edu.my/id/eprint/25670/1/PPb_MUHAMMAD%20KHAIRUL%20HAZWAN%20ZAINAL%20BM%20M%2009_5.pdf

id	uitm-25670
recordtype	eprints
spelling	uitm-256702019-12-16T08:34:41Z http://ir.uitm.edu.my/id/eprint/25670/ E-procurement in Permodalan Nasional Berhad: benefits and challenges / Muhammad Khairul Hazwan Zainal Zainal, Muhammad Khairul Hazwan Computer networks. Electronic information resources . Including the Internet Financial management. Business finance. Corporation finance The procurement concept is moving ahead from traditional manual paper-based to electronically-based due to improvement in Internet and World Wide Web technology. In such a highly competitive environment nowadays, it is necessary for every company to maintain an efficient and effective procurement to cut administration cost and to keep abreast of the market condition to procure materials at the right price, quality and time. The main objective of this study is to identify factors or challenges that affecting implementation of E-procurement and benefits that come from the implementation of E-procurement. Research methodology includes comprehensive literature review and other method such as observation and interview. The findings of the research shows that four benefits of E-Procurement from PNB’s Experience that are monitoring requisition process, avoid Stigma on Procurement, key Performance Index (KPI) Management and better management and increase efficiency. Eight challenges of implementing e-Procurement in PNB has been determined that are purchasing not viewed as a strategic function, implementation cost, inappropriate cost consideration, trading with strangers, security and privacy Issues, Lack of sound Internet infrastructure and security, people and perception (E-readiness) and trust and reliability. Thus, PNB need to meet up with the current technology and find a solution for all challenges determined in the research. Faculty of Business and Management 2009 Student Project NonPeerReviewed text en http://ir.uitm.edu.my/id/eprint/25670/1/PPb_MUHAMMAD%20KHAIRUL%20HAZWAN%20ZAINAL%20BM%20M%2009_5.pdf Zainal, Muhammad Khairul Hazwan (2009) E-procurement in Permodalan Nasional Berhad: benefits and challenges / Muhammad Khairul Hazwan Zainal. [Student Project] (Unpublished)
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Teknologi MARA
building	UiTM Institutional Repository
collection	Online Access
language	English
topic	Computer networks. Electronic information resources . Including the Internet Financial management. Business finance. Corporation finance
spellingShingle	Computer networks. Electronic information resources . Including the Internet Financial management. Business finance. Corporation finance Zainal, Muhammad Khairul Hazwan E-procurement in Permodalan Nasional Berhad: benefits and challenges / Muhammad Khairul Hazwan Zainal
description	The procurement concept is moving ahead from traditional manual paper-based to electronically-based due to improvement in Internet and World Wide Web technology. In such a highly competitive environment nowadays, it is necessary for every company to maintain an efficient and effective procurement to cut administration cost and to keep abreast of the market condition to procure materials at the right price, quality and time. The main objective of this study is to identify factors or challenges that affecting implementation of E-procurement and benefits that come from the implementation of E-procurement. Research methodology includes comprehensive literature review and other method such as observation and interview. The findings of the research shows that four benefits of E-Procurement from PNB’s Experience that are monitoring requisition process, avoid Stigma on Procurement, key Performance Index (KPI) Management and better management and increase efficiency. Eight challenges of implementing e-Procurement in PNB has been determined that are purchasing not viewed as a strategic function, implementation cost, inappropriate cost consideration, trading with strangers, security and privacy Issues, Lack of sound Internet infrastructure and security, people and perception (E-readiness) and trust and reliability. Thus, PNB need to meet up with the current technology and find a solution for all challenges determined in the research.
format	Student Project
author	Zainal, Muhammad Khairul Hazwan
author_facet	Zainal, Muhammad Khairul Hazwan
author_sort	Zainal, Muhammad Khairul Hazwan
title	E-procurement in Permodalan Nasional Berhad: benefits and challenges / Muhammad Khairul Hazwan Zainal
title_short	E-procurement in Permodalan Nasional Berhad: benefits and challenges / Muhammad Khairul Hazwan Zainal
title_full	E-procurement in Permodalan Nasional Berhad: benefits and challenges / Muhammad Khairul Hazwan Zainal
title_fullStr	E-procurement in Permodalan Nasional Berhad: benefits and challenges / Muhammad Khairul Hazwan Zainal
title_full_unstemmed	E-procurement in Permodalan Nasional Berhad: benefits and challenges / Muhammad Khairul Hazwan Zainal
title_sort	e-procurement in permodalan nasional berhad: benefits and challenges / muhammad khairul hazwan zainal
publisher	Faculty of Business and Management
publishDate	2009
url	http://ir.uitm.edu.my/id/eprint/25670/ http://ir.uitm.edu.my/id/eprint/25670/1/PPb_MUHAMMAD%20KHAIRUL%20HAZWAN%20ZAINAL%20BM%20M%2009_5.pdf
first_indexed	2023-09-18T23:15:13Z
last_indexed	2023-09-18T23:15:13Z
_version_	1777419066630209536

E-procurement in Permodalan Nasional Berhad: benefits and challenges / Muhammad Khairul Hazwan Zainal

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