Best Practices in E-Procurement

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Michael Hugos


Program Track:
Peak Performance

Program Duration:
42 Minutes  




Value Category: Best practices
Key Issues: Can an e-procurement system pay for itself in six to eighteen months and then go on to provide steady benefits for years to come? What is the process of implementing an e-procurement system, including the sequence of activities and best practices, as well as systems development and production roll-out? How does e-procurement affect IT? What are the specifics of the five main procurement activities? What practical approaches are there for getting results, advice on staffing requirements, and pointers on design and implementation? Are there types of performance targets? What are the seven guidelines for creating conceptual system designs?
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Architecture and Infrastructure
Business Management
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IT Management
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Mike Hugos, Chief Information Officer for Network Services, explains how a well-designed e-procurement system can pay for itself in six to eighteen months, and continue to provide steady benefits for years to come. Complementing this discussion, the program also presents a case study with Tom Single, Vice President, Strategic Sourcing & Procurement, of Georgia-Pacific, on the successful use of e-procurement. In his presentation, Hugos addresses the process of implementing an e-procurement system, including the sequence of activities and best practices, as well as systems development and production roll-out. The program examines how e-procurement affects IT, and provides an executive overview that delves into the specifics of the five main procurement activities. In addition, Hugos offers practical approaches for getting results, advice on staffing requirements, and pointers on design and implementation. He also discusses types of performance targets and seven guidelines for creating conceptual system designs. Hugos concludes with recommendations on how to get started implementing or improving your company’s e-procurement initiatives. New Web links, white papers, and other multimedia resources update one of WatchIT’s most requested programs.
By watching this program, you’ll understand:
~ The five main procurement activities in any company;
~ How appropriate technology can greatly increase productivity;
~ How to identify e-procurement opportunities; and
~ How to manage an e-procurement implementation project.

PROGRAM TOPICS:

  • INTRODUCTION
  • AGENDA
  • HOW E-PROCUREMENT WILL AFFECT IT
  • EXECUTIVE OVERVIEW OF THE PROCUREMENT FUNCTION
  • The Five Main Activities of the Procurement Function
  • Main Procurement Function Activities: Purchasing
  • Main Procurement Function Activities: Vendor Selection
  • Main Procurement Function Activities: Contract Management
  • Main Procurement Function Activities: Consumption Management
  • Evolution of the Procurement Function
  • Trends Driving E-Procurement
  • Hardware, Software and Network Requirements for E-Procurement
  • E-Procurement User interface Systems: Deliver a Wide Variety of Data
  • The Case for E-Procurement
  • The Cost of Rolling Out a New E-Procurement System
  • USING E-PROCUREMENT TO GET THE RESULTS YOUR COMPANY NEEDS
  • How E-Procurement Cuts Costs and Increases Productivity
  • Measuring E-Procurement Benefits
  • E-Procurement System Vendors
  • Advantages and Benefits of E-Procurement
  • Disadvantages of E-Procurement
  • Hidden Dangers and Pitfalls of E-Procurement
  • STAFFING REQUIREMENTS FOR SUCCESSFUL E-PROCUREMENT PROJECTS
  • Implementing E-Procurement Needs the Right Mix of Business and Technical People
  • E-PROCUREMENT CASE STUDY: TOM SINGLE, GEORGIA-PACIFIC
  • Georgia-Pacific E-Procurement Case Study: How E-Procurement Supports the Business
  • Georgia-Pacific E-Procurement Case Study: Coordinating Systems and Subsystems
  • Georgia-Pacific E-Procurement Case Study: Systems and Subsystems – Spend Analysis
  • Georgia-Pacific E-Procurement Case Study: Systems and Subsystems – Sourcing
  • Georgia-Pacific E-Procurement Case Study: Systems and Subsystems – Data Warehousing
  • Georgia-Pacific E-Procurement Case Study: New Opportunities and Challenges
  • Georgia-Pacific E-Procurement Case Study: Optimizing E-Procurement Initiatives
  • POINTERS ON E-PROCUREMENT SYSTEM DESIGN AND IMPLEMENTATION
  • Identify the Business Opportunity and Define Performance Targets
  • Create a Conceptual System Design of the E-Procurement System
  • Create a Conceptual System Design: Seven Guidelines to Keep in Mind
  • Calculate Project ROI for E-Procurement System Implementation
  • Design the E-Procurement Solution: Organizing the Systems Development Project
  • Design the E-Procurement Solution: Create a Detailed Design of the Solution System
  • Design the E-Procurement Solution: System Prototyping
  • Design the E-Procurement Solution: Creating the Project Plan and Budget
  • Build the E-Procurement System: Ramping Up the Project
  • Build the E-Procurement System: The Project Office Allows You to Stay in Control
  • Build the E-Procurement System: Controlling Project Costs
  • Recommendations: ACTION ITEMS AND POINTS TO REMEMBER
  • Action Items to Get Started With
  • Key Points to Remember
  • Concluding Thoughts on E-Procurement Systems
  • Tom Single: Final Thoughts on Implementing E-Procurement Systems

    AVAILABLE ON:

    Videotape, CD-ROM, Internet, Intranet

    Presenter:

    Michael Hugos
    View Bio | Email the Expert

    Guest:

    Thomas Single
    View Bio | Email the Expert

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