Have questions? Please feel free to contact us.

+852-6969-6665 or +86-20-3873 2922

sales_hk@wisagetech.com

Welcome to schedule 8Manage product demo
Please simply fill out the form below and we'll be in touch with you shortly.

Yes, I would like to receive marketing communications regarding 8Manage products, services, and events. I can unsubscribe at a later time.

FAS
Project-based Procurement ERP

8Manage FAS provides workflows for (i) procurement in project management and (ii) project delivery in procurement.


Procurement in Project Management



Since a project often involves material and service purchases, procurement is one of the ten project management areas defined in standards such as PMBOK. However, modern procurement concerns sophisticated digital processes and fraud prevention that traditional project management tools don’t support. Acquiring multiple tools and linking them together manually for use will increase costs and efforts. But the worst parts are the high inefficiency and weak ability to detect corruption because the tools are disjoint and not designed for the end-to-end process.


The following is the integrated workflow for procurement in project management provided by 8Manage FAS.

Non-standard Product Acquisition

When a project acquires a piece of customized equipment or software, it might involve the following milestones:

  • Requirement specification
  • Design review
  • Construction and installation complete
  • User training complete
  • User acceptance complete
  • Trial run complete
  • Parallel run complete
  • 1st maintenance & support period complete

The project team needs to do due diligence for a number of qualified vendors and each vendor needs to obtain sufficient information to qualify the opportunity. Both the buyer and the seller need to exchange a lot of information in multiple rounds in a fair and secure manner. What is worse, project requirements aren’t always certain and their changes might affect the procurement. If the project management process and the procurement process are disjoint and their connection is managed manually, things could easily fall-through-the-cracks.


Standard Material Acquisition

When a project is purchasing standard materials, it might consider the purchase flexibility (e.g., a standing offer that has no volume commitment), delivery time and value-added service in addition to cost. The project team needs to qualify a number of suppliers. Both the buyer and the seller need to exchange a fair amount of information fairly and securely. After selecting some qualified suppliers, the project team might want to conduct a reverse auction to get the best offer. Project requirements change can also affect the procurement of standard materials. If the project management process and the procurement process are disjoint and managed manually, mistakes could easily happen.



Project Delivery in Procurement



When acquiring sophisticated equipment, software or service (e.g., BPO, ITO), the supplier often needs to deliver via project. For example, a supplier delivering a software solution might involve the following milestones:

  • Requirements study and specification
  • Design review and acceptance
  • Construction complete and initial system installation
  • User training complete
  • User acceptance complete and final system installation
  • Trial run complete
  • Going-live support complete
  • 1st year maintenance support complete
  • 2nd year maintenance support complete


The buyer company needs to do due diligence for the initial set of selected suppliers and each supplier needs to qualify the opportunity. Both sides need to exchange a lot of information in a fair and secure manner. The change in procurement requirements would usually affect the procurement process. If the procurement process and the project delivery are disjoint and managed manually, things could be difficult to manage.


The following is the end-to-end integrated workflow for procurement in project management provided by 8Manage FAS.

With 8Manage FAS, both the procurement in project management and project delivery in procurement scenarios can be adequately managed.