Electronic Procurement Services (e-Procurement) www.webportunities.net

Our advanced web-based sourcing services encompass RFQs, tender and contract management, enabling organizations to seamlessly and efficiently manage their procurement processes. Additional related activities include:

• Purchase Order Management
• Expediting
• Due Diligence checks on suppliers
• Supplier and Buyer Performance Management

These services ensure transparency, compliance, and optimal supplier relationships.

Reporting Services

We provide robust reporting services that deliver critical insights into various business processes. Our reports support informed decision-making, strategic planning, and operational improvements.

Data Cleansing

Our data cleansing services help organizations maintain accurate and reliable data. By eliminating inconsistencies and errors, we ensure that your data becomes a valuable asset for decision-making and operational efficiency.

Business Intelligence & Data Mining

We offer cutting-edge business intelligence and data mining services that transform raw data into meaningful insights. These services empower businesses to make data-driven decisions, identify trends, and uncover new opportunities for growth.

Business Risk and Opportunity Analysis

Our comprehensive risk and opportunity analysis services help businesses identify potential risks and opportunities within their operations. We provide actionable insights that enable proactive risk management and strategic opportunity exploitation.

 Inventory Optimization

We provide a comprehensive Inventory Analysis Report, which includes:

• Total annual cost of procuring and holding inventory based on the client's current safety stock levels, reorder points, and reorder quantities
• Tara Nawa’s recommendations for optimization

Internal Auditing - Identification of Business Risks or Opportunities

Our internal auditing services include the identification of:

• Excess/over-ordering
• Purchase order changes
• Overdue purchase orders
• Abnormal price movements
• Cost/benefit analysis of supply contracts
• Assessment of alternative procurement strategies
• Deviations in lead times requiring extra safety stocks
• Potential fraud detection

REVIEW OF THE TARA NAWA ELECTRONIC PROCUREMENT SYSTEM by Professor Doctor Willem Hugo

I have been requested by Mr. Elmo Erasmus, Managing Member of Tara Nawa Computer Software Solutions CC to assess and compare the RFQ/Tender functionality contained in Tara Nawa’s web based procurement solution, with that of other traditional procurement solutions. Below is my objective evaluation of the Tara Nawa system.

Change in Procurement Management Philosophy

 Tara Nawa’s solution offers a radical change in the procurement management philosophy as follows.

1. In the case of soliciting RFQ’s/Tenders from suppliers, the system does not obtain those from a list of approved or pre-qualified suppliers. Instead the system uses a total open market philosophy so that unlimited suppliers may participate in RFQ/Tender submission. Responses can be evaluated in terms of technical and commercial capability. Rich data filtering features and alerts are available to prevent and/or highlight business award to potentially undesired suppliers. 
2. Where medium to long term contracts are awarded (for example stock items kept in a warehouse), the solution uses an automated market research functionality. The buyer gets alerted when current contract price are no longer competitive. Compared with traditional electronic procurement systems, this obviates the need for cumbersome contract management procedures and unwieldy long term partnering agreements between buyer and seller.

The Tara Nawa solution therefore requires a fundamental review of traditional procurement management concepts emphasizing a holistic approach to the procurement function when being implemented and a paradigm shift regarding the conventional approaches to managing supply market relationships.

Impact on operational procurement functions

The Tara Nawa solution impacts on typical procurement functions in a manner that is unique and typically not integrated in traditional electronic procurement systems.

1. In traditional procurement systems, buyers spend more than 90% of their time with mundane clerical tasks using telephones, emails and faxes. With Tara Nawa’s solution all of these tasks are automated, allowing the buyer significant extra time to fulfill the role of a professional procurement official (compared with that of an order clerk). The system does not allow for any paper based transactions.
2. The system contains a set of powerful on line supply chain reports, enabling management to promptly take action in the case of lurking opportunities or exposures, both on the buyer side and supplier side. With traditional electronic procurement systems, such opportunities/exposures are normally only highlighted, often when it is too late, during periodic internal audits. The Tara Nawa  solution  therefore virtually eliminates the time consuming and expensive procurement research task which is a prerequisite for implementing traditional electronic procurement systems
3. Continuous performance evaluation of both the supply market and the internal buyers is another completely unique feature of the Tara Nawa approach.  Scheduled and intermittent evaluation procedures are the traditional methodology imbedded in most existing electronic procurement software solutions.

Tara Nawa therefore conceptually rewrites traditional purchasing procedures.

 Implementation, Training and User Interface

1. Traditional electronic procurement systems (there are many of such systems available on the Internet) use a complex programmed platform for both the supplier and buyer. They usually require a long implementation process of 6 to 12 months or even longer, as well as intensive training for buyers and suppliers. Tara Nawa’s implementation can be done on a “stand alone” basis and takes 10 minutes. If needed, integration can be applied which can take from 1 to 5 days. Training takes a maximum of 4 hours.
2. Tara Nawa therefore eliminates the expensive review, re-engineering and integration of electronic procurement systems between buyer and seller that is a typical requirement of most procurement software packages available in the market.

Tara Nawa is therefore, to the best of my knowledge, the most open and accessible to the supply market and least expensive to implement of the currently available electronic procurement software solutions.

 Conclusion

Tara Nawa has a unique electronic procurement solution with unique features that I have never encountered in any other procurement solutions before. These features, and the new procurement management philosophy which is fundamental to the system, will change the way in which procurement is done in the future.

Dr. W.M. J.  Hugo     (Professor Emeritus: Graduate School of Business Leadership UNISA) 

Curriculum Vitae - Prof. W M J Hugo (M.Com, D.Com)  

D.O.B. 16 April 1944

Willem Hugo is professor emeritus of the University of South Africa. He is the former Executive Director of the UNISA Graduate School of Business Leadership and a career enthusiast and teacher in the fields of Procurement, Logistics Management and Supply Chain Management. He was head of the Department of Business Management and Dean of the Faculty of Economic and Management Sciences at UNISA.  He is the author of many articles and co-author and editor of 19 textbooks including the first textbook on Supply Chain Management published in 2004 in South Africa.  His latest book is the 6^th Edition of Purchasing and Supply Management published in 2011. 

Prior to embarking on an academic career Willem Hugo worked for 14 years in the field of supply management in industry including more than a decade at the South African Atomic Energy Board. Since retirement from academia he continued with consultancy projects in South Africa and abroad. He was appointed visiting professor at the Graduate School of Business of the University of Pretoria on their MBA programme during 2002 and 2003. He was from 2003 for the five years a consultant and lecturer for the International Trade Centre  (UNCTAD/WTO) a United Nations division which is based in Switzerland, and he travelled  on teaching and consultancy missions for this organization to Singapore, India and Tanzania . He was also on the ITC Academic Advisory Board. Since 2008 to date Willem Hugo is a director and CEO of the Ear Institute Namibia (Pty)  a Namibian based company involved in importing and marketing of audiology equipment, hearing protection devices and hearing aids.