2005/03/20

Newly launched e-Tendering System best suits retail expansion needs

Nowadays, large organizations usually have to handle multiple procurement needs by applying different kinds of information systems developed by various suppliers. Such process will become inevitably long and cumbersome in conventional tendering systems when the categories of products are not well sorted out.

Retail business in particular has such a procurement need as it has been greatly stimulated by the increase of tourists from Mainland and other areas. Many large to medium size retailers have taken this opportunity for retail-network expansion, while some retail operators are forced to relocate to second-tier locations since they faced intense rental pressure.

With such a need of fast expansion and relocation, renovation and fitting out projects are sharply increased. Efficient procurement processes become more critical as saving time will mean earlier commencement of business.

With an objective to realize better cost savings and increase efficiency for both procurers and suppliers, VHSoft has invented from best practices an electronic-facilitated system VHTender to replace the manual paper-based tender procedures. With a highly automated e-Tendering system that equipped with a suite of integrated tools, reduced paper trail on tendering exercises and labour intensive tasks can be achieved. Tender specification, advertising, tender aggregation as well as the evaluation and placing of the contract can be prepared at ease.

The efficiency of procurement process will be greatly improved by VHTender through latest technology in application development and security. Hence, corporations from different industries can achieve the best economy of scale by the system to reduce procurement cost, increase efficiency and improve quality.


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