ELECTRONIC PROCUREMENT FOR MANILA WATER
Quezon City, May 28, 2003 -- Manila Water Co. Inc. (MWCI) will be using
BayanTrade's electronic sourcing and procurement facility to purchase
supplies amounting to more than P500 million.
In a press statement, Mario Suardi, MWCI capital works director, said that
the company expects to cut by 10 percent its total procurement because of
the agreement with Bayantrade. This amounts to P50 million in savings,
Suardi said, adding that by using BayanTrade's e-Sourcing Plus program,
MWCI expects to increase its total procurement value by 425 percent.
Suardi revealed that last year, MWCI saved P17 million in overall
procurement savings, using Bayantrade's e-Bidding service. Then, it bought
P85-million worth of supplies through Bayantrade.
Electronic bidding or (e-Bidding) refers to the process where multiple
sellers vie for a bid requirement through the Internet.
"Manila Water is targeting to conduct over 100 online bids from April this
year to March next year, over last year's 26 online bids," Suardi said.
MWCI delivers 1.6 million liters of potable water to more than 4.7 million
households and thousands of industries in the east zone of Metro Manila.
A component of e-Sourcing Plus is the installation of SAP's supplier
relationship management (mySAP SRM) solution, which will give MWCI the
capability to analyze supplier relationships to help them identify and
select the best suppliers.
Reported by: Sol Jose Vanzi
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