Question: Case 5 . 2 B 2 B e - Marketplace Platform for Saudi Enterprises - Aramco Almost all procurement related documents from Oil & Gas

Case 5.2 B2B e-Marketplace Platform for Saudi Enterprises - Aramco
Almost all procurement related documents from Oil & Gas and clouding fax, post and email. The high value bids are received only in hard copy in the panes in Saudi Arabia are sent out through a combination of transmission media, in-bid-box room, are stored securely until bid closing time when complex procedures governing opening, punching, signing and distributing bids to buyers for further accessing. Without a technological advance these companies will would not be move any further towards full e-procurement and remove the nard copy documentprocess from their procurement transactions, which is costly, manually intensive and subject to human errors.
Discussion
In line with Saudi Arabia's Vision 2030 various initiatives have been undertaken by
some leading industries in Saudi Arabia to leverage technology in transforming its
supply chain business models. As an example, Saudi Arabian Oil Company is currently
working on developing a new e-Marketplace platform to automate and promote a
collaborative supply chain environment. The implementation of an e-bidding system
will have considerable impact on the suppliers' community as the solution brings
an enhanced transparency and accountability to the procurement processes, convenience in submitting bids anywhere/anytime, and security of bids and strict confidentiality of the bidder till the bid closing date/time. Using e-bidding will improve process efficiency, boost confidentiality, reduce administrative costs, and accelerate the bidding cycle. It can also be used as a mean to monitor suppliers' intention to bid with complete accuracy.
What are the opportunities and threats associated with the adoption of e-procurement in Saudi Arabia?
Your task as follows
A. Please find the e-bidding platform for Aramco
B. How could e-bidding will improve process efficiency? boost confidentiality? reduce administrative costs? and accelerate the bidding cycle?
C. Does e-bidding impact the time of process at Aramco
D. How do you improve e-bidding at Aramco, suggest 2 methods.
E. Whats the difference between decentralization and centralization in e-bidding? How does each affect the e-bidding at Aramco?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!