THE TECHNOLOGY DRIVING A PROCUREMENT TRANSFORMATION AT MBC
MIDDLE EAST BROADCASTING GROUP ( MBC )
SERVICES
THE TECHNOLOGY DRIVING A PROCUREMENT TRANSFORMATION AT MBC
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Business Intelligence Reports Business Intelligence reports have been the ERP solution to monitor spend managed through Procurement . The various dashboards are utilised for monitoring the compliance , category and contractual spend , procurement KPIs , procure-to-pay cycle , and supplier delivery performance . This data analysis has been utilised by the procurement team for further discussions on process improvements / potential opportunities for savings and value addition .
E-Procurement The procurement team rolled out the E-Tendering system to modernise the procurement strategic sourcing activities . The use of this system has given a 360-degree view of the complete tendering process to all engaged parties . Automating the system which provides quick comparison tools and reduces the scope for human errors has helped create a more efficient sourcing platform with reduced human effort .
Contract Management System Effectively managing and monitoring the financial and operational performance is critical to every organisation . Bearing this underlying factor in mind , the manual contract administrative and management process was assessed and an in-house Contract Management System was customised and developed to meet our requirements . This system has been effective and efficient in : Automating and accelerating the contract administration and management ; managing all procurement contracts and related milestones ; Strengthening governance / compliance ; stakeholder engagement and collaboration ; better visibility through reports ; and complete transparency of contract process .
AUGUST 2018