Assessing the Role of E-Procurement on Supply Chain Management in a Mining Area: The Case of AngloGold Ashanti Iduapriem (Tarkwa) Limited

The introduction of Legacy systems and Enterprise Resource Planning Systems, (ERPS) as well as the current Information Technologies (IT) such as Electronic Data Interchange (EDI) and Enterprise Application Integration (EAI) has made the global business environment very competitive and highly electronic. The purpose of this project work is to do a thorough analysis on the importance of using e ?procurement at work places and also ascertain whether e-procurement can help combat corruption and fraud and finally assess some of the problems involved in using e-procurement at work establishments. The research methodology adopted to collect the data in the field concerning the problem included questionnaire, interview and personal observation. The study also revealed that e-procurement is a sound solution for companies to initiate the e-wave as it promises high cost savings. Savings to benefit- include a reduction in ordering and delivering times, purchasing, transaction and hiring of labour. Recommendations were made to companies and other corporate bodies to adopt e-procurement in their business activities in order to enable them enjoy the numerous benefits that come with the practice of e-procurement and also help them to overcome some of the problems associated with their supply chain activities such as oscillations of inventories, inventory stock outs and late deliveries.