International Journal on Advanced Science, Engineering and Information Technology, Vol. 2 (2012) No. 6, pages: 424-429, DOI:10.18517/ijaseit.2.6.238

Survey on Benefits and Barriers of E-Procurement: Malaysian SMEs Perspective

Abstract

Procurement is one of the major aspects for an enterprise to improve its supply chain management and hence enterprise performance. The advent of Internet has introduced e-commerce and drastically changing the way procurement is done to improve operation efficiency and reduce transaction cost significantly. Thereby, this lead to the term "e-procurement" or "e-purchasing". However, many Small and Medium Enterprises (SMEs) still perceive e-procurement as infeasible although e-procurement is introduced in the early 2000. Hence, this paper attempts to provide a comprehensive survey on existing literature with regards to the benefits and barriers of e-procurement in the perspective of Malaysian SMEs. Highlighting the benefits and identifying the major barriers of SMEs e-procurement implementation enables formation of effective solution to encourage more adoption of eprocurement system in Malaysian SMEs.

Keywords:

E-Business; E-Commerce; E-Procurement; SMEs

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