E-Procurement
I. Executive Summary
II. Introduction
III. E-Procurement
a. Definition
b. E-Catalogues
c. Digital Signatures & Data Retention
IV. Overview of Contract Law in Malaysia and Relevant Acts
a. Contracts Act 1950 (Act 136) (Revised 1974)
i. Offer
ii. Acceptance
iii. Terms and Incorporation
b. Malaysia evidence Act 1950 (revised 1993)
c. Digital Signatures Act 1997
d. Electronic Commerce Act 2006
V. Literature Review (Previous Research)
VI. Impact of e-procurement on the organization
VII. Concluding Remarks
VIII. Further Research
IX. Bibliography
X. Appendices
XI. List of Figures
XII. List of Tables
I. Executive Summary
Procurement departments are strangled with transactional purchasing. E-procurement as web based tool has the potential to devolve buying of low value items back to the end user through use of tools such as e-catalogues. The outcome would be the freeing up of resource and the change in focus from transactional to partnership (strategic). We find the partnership model requires a win/win approach supported by interpersonal communication between buyer and seller. We also look at the legal aspects of the tool. We find it will support certain areas of contract law including consent, terms and incorporation but due to potential loop holes in the Malaysian E-Commerce Act, organizations buying and selling on the internet without a written contract in place are leaving themselves open to issues on whether or not a contract has been formed.
II. Introduction
This paper will look at the use of the popular internet based e-procurement tool - e-catalogues and assess based on the B2B environment in Malaysia if they can support the legal requirements of contract and purchase. Additionally it will consider what impact the process may have on...
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