New Straits Times

TM, Tenderin collaborat­e to digitalise procuremen­t process


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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