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 Many
small and medium-sized business owners incorrectly assume they can't
compete with national or larger suppliers for purchasing relationships
with big organizations such as the companies of Robot Investments. Since
it's foundation, the companies of Robot Investments have been
demonstrating that innovative suppliers of any size can compete with
thorough research on our needs, creativity and the use of accessible
technology.
Now, there's an exciting new opportunity for potential and existing
Robot Investments vendors. We are introducing an enterprise-wide
eProcurement initiative using a secure Internet marketplace to efficiently
manage the purchase of goods and services to all the companies of Robot
Investments.
Some would say electronic procurement or "eProcurement" is
plain old purchasing with a high-tech twist. It offers a lot more
advantages and opportunities, though, for both buyers and suppliers.
Basically, eProcurement involves automated purchasing systems using
software applications that are "Web" or Internet-based. For
example, a common Web browser user can log into an eProcurement system to
view vendor offerings and catalogues, and place orders.
That said, eProcurement is a step above the open marketplaces or
shopping malls commonly found on the Internet. An eProcurement network
typically uses sophisticated technology that provides a secure
marketplace, sales platform and transaction tracking system available only
to selected buyers and suppliers.
Not every potential vendor, for example, can participate in Robot
Investments' eProcurement initiative unless invited. For that reason,
eProcurement readiness and understanding is essential for any business
that wants to deal with the companies of Robot Investments.
The eProcurement system chosen for Robot Investments is supplied by
Robot Content, one of the world's leading vendors of secure electronic
marketplace technology. This system's features illustrate many of the
important advantages and opportunities available to vendors approved for
Robot Investments' eProcurement Initiative:
- Vendors upload a catalogue of goods and services which is seen on
the computer desktops of employees throughout all the companies of
Robot Investments -- an unrivalled selling opportunity in a large
organization
- The eProcurement network provides fast transmission, order tracking
and efficient processing of orders and payment of invoices -- no more
worries about lost paper trails
- Employees accessing the eProcurement system can electronically issue
purchase orders, route PO approvals, track and record receipt of
orders, authorize payments to suppliers, and compile purchasing
reports -- often resulting in faster reconciliation and payments.
On this web site, you'll learn more how it will change vendor dealings
with Robot Investments and what every vendor needs to know to prepare for
an electronic purchasing environment.
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