http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.93Change: 0.00
R/$ = 12.67Change: -0.01
Au 1095.49 $/ozChange: 0.31
Pt 984.00 $/ozChange: 2.00
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Letters Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Feb 28, 2002

SA co in e-procurement top 10

Back
Africa|Environment|Petrochemicals|System|Systems|Africa|Petrochemicals|Services|Solutions|Systems|Operations
Africa|Environment|Petrochemicals|System|Systems|Africa|Petrochemicals|Services|Solutions|Systems|Operations
africa-company|environment|petrochemicals-company|system|systems-company|africa|petrochemicals|services|solutions|systems|operations
© Reuse this South African petrochemicals giant Sasol was one of ten companies to be profiled in an international benchmarking report on best e-procurement practices compiled by independent US market analysis firm Aberdeen group and released late last year.

In its research of emerging procurement automation technologies, the Aberdeen group identified enterprises that have been the most successful in deploying e-procurement to control costs, streamline processes and enhance responsiveness across the supply chain.

According to the report, Sasol was profiled for the innovative way that it is using e-procurement technology – working with its peers to improve classification standards and for its involvement in the development of e-tendering services that allow small, medium and micro-enterprises and black economic empowerment enterprises to benefit from e-procurement technology.

Sasol embarked on its e-business initiatives in 1999, being the first in its industry to embrace business-to-business e-commerce in South Africa.

When e-marketplace company Commerce One South Africa Distributor Operations launched the regional online marketplace MarketSite Africa, in February last year, Sasol took an equity stake in the venture. Sasol also licensed Commerce One's procurement solution to ready itself for e-commerce and integrate a complex legacy environment.

The open architecture of the company's solutions makes it possible for enterprises to communicate and collaborate with each other, no matter what systems they use, what language they speak, or what currency they trade in. Sasol faced several challenges in its move to embrace e-commerce.

Most of the company's 4 000 requisitioners conducted transactions manually, many of its smaller suppliers used phones and faxes, and not catalogues, to process transactions and, finally, Sasol worked with 22 different enterprise resource planning systems across its global business.

"Commerce One helped Sasol overcome these challenges by introducing the technology incrementally to a handful of selected business units," says Distribution Operations account manager Bruce Rowe.

Sasol has realised significant process efficiencies and improved manpower utilisation.

"Our ability to leverage technology across all aspects of our operations is vital to meeting our customer needs and our long-term profitability goals," says Sasol e-procurement manager Johan du Preez.

More than 2 000 users across six business units make use of Sasol's system.

The company has about 60 suppliers currently using the system, and processes over 5 000 line items a week, amounting to about 15% of all purchase orders processed.

Sasol has achieved substantial cost and time savings, such as reducing its requisition to delivery from 29 days to 8 days – an improvement of 72%. E-procurement, which uses pre-agreed catalogues (descriptions and prices), eliminates several reconciliation steps and reduces the number of month-end discrepencies once all business units work from the same catalogue. The company is now looking at a further roll-out to its remaining local business units as well as international subsidiaries in Germany, Italy, and North America. "Sasol has successfully taken steps towards realising the opportunities of e-commerce," says Commerce One South Africa—Distributor Operations new business development director Tim Frost.
Edited by: marisa rodrigues
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Information Technology News
LIONEL MOYAL Cloud services providers must compete against other cloud services providers for business by providing up-to-date systems and services
Legacy information technology (IT) systems are becoming increasingly obsolete because of the maturity, efficiencies and cost effectiveness of cloud-based IT services, says information and communication technology major T-Systems subsidiary Intervate head Lionel...
ARMANDÉ KRUGER Balancing the collection and processing of data must be aligned to strategy
Many complementary services enable companies to derive broad value from data inside and outside them. The complexity of data management means that companies’ strategies determine the various data systems and functions they will use, says PBT Group regional sales...
Article contains comments
Tshwane Mayor Kgosientso Ramokgopa
The City of Tshwane is racing ahead with its free Wi-Fi programme for residents by upgrading the speed of its network as well the number of sites. Tshwane on Wednesday announced that it has increased the speed from an average 7 Mb/s to 15 Mb/s without incurring any...
More
 
 
Latest News
Embattled South African steel producer ArcelorMittal South Africa (AMSA) has offered insight into the “fair pricing model” it has tabled before government in return for tariff protection and a government stipulation that locally manufactured steel be designated for...
Telecommunications group Telkom on Friday said it had posted a 1.7% uptick in net revenue for the three months to June 30, on the back of a strong performance by mobile on data revenue and higher fixed-line subscription revenue. Mobile net revenue for the first three...
Dangote Cement revised its 2015 spending plans to $1-billion from the $700-million estimated nine months ago after it commissioned two new African plants this June, Nigeria's biggest listed company said on Friday. The company, majority owned by billionaire Aliko...
More
 
 
Recent Research Reports
Real Economy Year Book 2015 (PDF Report)
There are very few beacons of hope on South Africa’s economic horizon. Economic growth is weak, unemployment is rising, electricity supply is insufficient to meet demand and/or spur growth, with poor prospects for many of the commodities mined and exported. However,...
Real Economy Insight: Automotive 2015 (PDF Report)
Creamer Media’s Real Economy Year Book comprises separate reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, gold, iron-ore and platinum sectors.
Real Economy Insight: Water 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Construction 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Electricity 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Road and Rail 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
 
 
 
 
 
This Week's Magazine
Daimler truck test engineer Dirk Stranz pushes one button, and then retracts his hands from the steering wheel of the Mercedes-Benz Future Truck 2025. “And now the truck is driving itself.”
The statutory body responsible for skills development and support in the banking sector, BANKSETA, was investing R68-million in the capacity building project of the University of Venda (UniVen), announced Bankseta company secretary Caroline King at a media event in...
LIONEL MOYAL Cloud services providers must compete against other cloud services providers for business by providing up-to-date systems and services
Legacy information technology (IT) systems are becoming increasingly obsolete because of the maturity, efficiencies and cost effectiveness of cloud-based IT services, says information and communication technology major T-Systems subsidiary Intervate head Lionel...
ARMANDÉ KRUGER Balancing the collection and processing of data must be aligned to strategy
Many complementary services enable companies to derive broad value from data inside and outside them. The complexity of data management means that companies’ strategies determine the various data systems and functions they will use, says PBT Group regional sales...
The South African Civil Aviation Authority (SACAA) has announced that it had awarded the country’s first remotely piloted aircraft systems (RPAS) pilot’s licence. It was issued on Friday, July 10, to SACAA employee and qualified commercial pilot Nicole Swart,...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks
Subscribe Now for $96 Close
Subscribe Now for $96