Electronic Construction Procurement System

Intangible benefits:

Reduce required time and investigation effort to market products

Overseas market accessibility and increase organization competitiveness

Simplify communication for suppliers company and customer

Increase the quality of the services and push organization to position in a higher level of CRM

Increase the competition among industry suppliers

Increase the level of commerce integration

Minimize required procurement recognition and memorization of products

13.3 Challenged faced

13.4 System limitation

There are also some areas that system would not be able to support;

The payment and bids legalization

Transaction validity

Customizable data formats

13.5 Learning experience

Electronic Construction Procurement System need researcher to get master in below requirements;

Website interface cosmetic tools

Required algorithms and coding

13.6 Value of learning experience

The nature of project management for a student final year project would bring a lot of experiences and learning for different phases of endeavor and researcher and investigation required for different parts of the project.

13.7 Degree of success

In the following, project manager conducted an analysis over success degree for both project and the product to measure how the pre defined objectives and in what degree are achieved.

13.7.1 Electronic procurement system

System evaluation requires comparing functionality package and interaction level with the expected designed solution. As project outcome includes a comprehensive documentation and a fully functional website, it seems that the key targets of the project have been met. System will create value through a well-designed accessible platform contain all required information related to products and functionalities required to create and support a sustainable source of development supplier in construction sector. This is expected from the project to deliver a new business model capable of handling business processes in a higher level of effectiveness and efficiency. As a B2C digitalized commerce tool this is expected that organization reaches a higher amount of sales which can be translated to higher profit. Besides, ease of management and higher level of integration would also apply to the company after digitalization of the procurement.

Main functionalities

Project procurement management and external supplier levels of accessibilities.

Present suitable information format of procurement items.

Enhance marketing and commerce of supplier organization through a well-designed platform.

Enhanced functions.

Record keeping.

Provide immediate and reversible action and effective system navigation.

Special features.

Decision support procurement reports for organization management and strategic movements.

13.7.2 Electronic procurement project

In Electronic Construction Procurement System like any other project, the main objective would be to stay on the time, resource and quality of the major deliverables. As an individual project, researcher is limited to information sources and a year time constraints defined for a final year project. In higher degrees of achievements, project can be maintainable and sustainable for further improvements and enhanced future functions.

13.8 Possible Future enhancement

14.2 Future Recommendations

System can acquire a wide range of functionalities according to the user requirements in future. Based on the industry trends and new customer needs and wants, system can reach a great set of achievements to perform beyond an informative website. In addition with product description, system can handle transaction and become a one step procurement solution in the market.

14.3 Conclusion

Well procurement system can increase firm's revenue through using information and advantages of digital channel in addition with the maximum efficiency results of technological advancement. Procurement has a significant contribution in development overall budget in construction projects. All procurement strategies are frameworks by which an organisation attains its objectives (Harold Kerzner, 2006). Electronic Construction Procurement System makes it feasible for developers to gain an effective evaluation area and negotiation communication tool. Homebuilders may obtain the benefits of this Web-based system to increase the level of control over project with a large amount of raw material information.

15. References

15.1 Book

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15.2 Website

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16. Appendices

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