E-procurement for Small and Medium Enterprises in Malaysia

In a day and age where IT technologies permeate virtually every facet of society,
business organizations especially for small and medium companies should not miss the
advantages of it. This research will look deep into the acceptance level of E-procurement
among the Small Medium Enterprises (SME) in Malaysia. The aim is to find out the
rationale behind these problems and the solutions to make the development of eprocurement
successful. Investigation involves small and medium companies (SMEs) in
Malaysiathat have the opportunity to procure via Internet and also those companies who
also do not have internet connection in the office. In this project, several techniques are
used such as conducting interview session with companies, providing and distributing
online questionnaires, and also observation through Internet and magazines. In this
project,the functional and non functional requirement for an online community for SMEs
are listed and ranked. Based on these requirements, the prototype of a web-based eprocurement
intermediary for SMEs will be developed and ensure that it satisfied all the
requirements. As the findings have been done, it highlights that the industry should
realized the potential that e-procurement offers and the ability to help the small and
medium companies to compete in larger markets.