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e -Commerce. Joel Mangilit. BAYANTRADE. Joint Venture of Six Conglomerates Aboitiz Equity Ventures Ayala Corporation Benpres Holdings JG Summit Holdings Philippine Long Distance Telephone Company United Laboratories. AYALA CORPORATION. Speaker: Jaime Augusto Zobel de Ayala
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e-Commerce Joel Mangilit
BAYANTRADE • Joint Venture of Six Conglomerates • Aboitiz Equity Ventures • Ayala Corporation • Benpres Holdings • JG Summit Holdings • Philippine Long Distance Telephone Company • United Laboratories
AYALA CORPORATION Speaker: Jaime Augusto Zobel de Ayala • P100 M savings for buyers so far. • P.O. processing time reduced from 14 to 2 days. • 120 active buyers. • 150 suppliers in 30 product categories: • Construction • Security, laundry, janitorial. • Fuel, chemical, vehicles.
AYALA CORPORATION Value Added Services: • e-Fulfillment through e-Payments (BPI) and e-Logistics (TNT). • e-Services • Integration of services with a company’s ERP system. • Strategic sourcing by identifying and qualifying suppliers. • Business Intelligence because buyers and sellers are closer to the market. • Industry specific vertical portals. • Example is industrial construction.
AYALA CORPORATION Construction Industry • e-Bidding + e-Procurement = 10% savings • Future Plans • Online Collaboration • Project Management • Key Benefit • Projects completed on time and on budget.
AYALA CORPORATION Banking (BPI) • Process efficiencies. • 7 – 8 % savings on the purchase of computers and paper. • Trusted intermediary in the world of commerce.
JG SUMMIT HOLDINGS Speaker: Lance Y. Gokongwei • Purchasing Department (before BayanTrade) • 30 people. • Buying office supplies. • Many different suppliers. • Manual procurement. • Purchasing Department (after BayanTrade) • Staff reduced from 30 to 6 people. • Inventory reduced from 3 to 1 month. • In less than 8 months, realized a 20% return on investment.
PLDT Speaker: Manuel V. Pangilinan • Reorganization • IS, HR, Procurement (purchasing process), Finance. • BayanTrade • Janitorial and security services. • Computers. • Result • Price was reduced by 10%. • Increased process (purchasing) efficiency. • Lowered inventory (just in time delivery).
PLDT Speaker: Manuel V. Pangilinan • Future • Currently there is P 2 Billion worth of trade passing through BayanTrade, but much more is needed. • Develop more intimate relationships with suppliers. • Support • Payment
FINAL NOTES • Within the first year of operation 5,000 purchase orders served to date. • Buyers benefit because bidding system will get the very best price from the suppliers. • In less than 3 months, e-Bidding has facilitated P 500M in on-line transactions. • Average of 16% savings for buyers. • Suppliers benefit by: • Visibility in BayanTrade, opening new markets. • Less sales effort is required (efficiency in the selling process).