SupplyChain Magazine July 2019 | Page 135

functions has also provided a number of advantages in building strong relationships between teams . Additionally , from a technology standpoint , accessing advanced data analytics has seen the business gain essential insight into various trends in the market , where sophisticated processes and electronic request ( ERFx ) solutions are now used not only for bidding but also as a bidding solution .
“ The system will also be used to execute E-auctions for certain types of goods and services in the near future at Barclays Bank Mauritius ,” says Bachoonum . “ This has been a gradual move . Being an island , the level of sophistication and the readiness of the supplier community is important . We should be pushing things that are aligned to the readiness and the culture that lies within the supplier base , which mainly constitutes small to medium-sized organisations . However , we also work with large multinationals for specific hardware and supplies .”
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