TM, Ten­derin col­lab­o­rate to dig­i­talise pro­cure­ment process

New Straits Times - - BUSINESS / NEWS -

KUALA LUMPUR: Telekom Malaysia Bhd (TM) and Ten­derin Sdn Bhd are col­lab­o­rat­ing to set up Lapasar, one of TM’s “Go Dig­i­tal” ini­tia­tives to dig­i­talise its pro­cure­ment process.

Lapasar, an on­line busi­ness-to­busi­ness (B2B) pro­cure­ment plat­form de­vel­oped by lo­cal start-up com­pany Ten­derin, al­lows TM to pur­chase gen­eral of­fice sup­plies for its busi­ness op­er­a­tions.

TM said yes­ter­day Lapasar of­fered a com­pre­hen­sive e-pro­cure­ment and on-the-app plat­form with real-time price com­par­i­son, in­clud­ing the “shop­ping­cart and check­out” func­tions com­monly used in busi­ness-to­cus­tomer mar­ket­places.

Lapasar pro­vides TM with dig­i­tal pro­cure­ment ca­pa­bil­ity, which com­plies with its cor­po­rate gov­er­nance while in­creas­ing ef­fi­ciency and con­ve­nience of its pro­cure­ment op­er­a­tions within a con­trolled en­vi­ron­ment.

TM’s act­ing chief ex­ec­u­tive of­fi­cer Datuk Ba­zlan Os­man said the col­lab­o­ra­tion demon­strated TM’s open­ness and will­ing­ness to sup­port tech­nol­ogy start-ups like Ten­derin by team­ing up to test and re­fine dig­i­tal so­lu­tions and in­no­va­tions.

“By us­ing Lapasar, we have re­duced the cy­cle time for pro­cureto-pay and de­liv­ery pro­cesses by 80 per cent and elim­i­nated the man­ual pur­chase or­der is­suance and ap­proval. Pur­chas­ing sup­plies on­line at cheaper prices has also re­sulted in no­tice­able cost sav­ings,” he said.

He said the move was in line with TM’s Per­for­mance Im­prove­ment Pro­gramme 2018 to im­prove the com­pany’s cash flow and in­crease pro­duc­tiv­ity.

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