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Mr.Mahesh Athukorale
Asst.Company Secretary
Voice : + 94 11 2399478
E-mail:
mathukorale@slt.com.lk |
Sri Lanka Telecom
Lotus Road,
Colombo 1
Fax : + 94 11 2472741
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| SLT first to introduce eProcurement System in Sri Lanka -
29/08/2005
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| Sri Lanka Telecom (SLT), for the first time in Sri Lanka, launched a web based e-Procurement system facilitating complete automation of the processes enabling ‘paperless’ transactions relating to Procurement of material and services. eTENDER facilitates online transparency and efficiency. This latest initiative is aimed at increasing transparency, reducing cost of doing business, reducing duplicity, bringing out more efficient purchasing process and increasing the ability to capture strategic information on procurement including purchasing patterns.
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| SLT’s eTENDER website provides suppliers with up-to-date information they need to provide quality goods at competitive bidding practices. The eTENDER initiative provides a vehicle to deliver more focused governance over the procurement system, thereby leading to improved quality of service. Implementation will also benefit both SLT and the suppliers.
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| SLT’s eTENDER system will increase the exposure in open tenders to the whole world and the system will enhance the competitive bidding practices adopted by SLT which at present have limited access by local suppliers for most of the goods. Furthermore, prospective tenderers can download the tender document free of charge within a few minutes after publishing in the website, thereby reducing the actual process to minutes. In global tenders, the tender document can be down loaded by the foreign principle within few minutes after notification.Restricted tenders can be down loaded using the username and password provided to each registered supplier.
However the manual system will continue and initially, suppliers have a choice between the manual system and electronic tendering system.
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| Another feature in the eTENDER is that it allows online bidding for small and standardized purchases where suppliers have to register for the facility by downloading the “master agreement” and submit the signed documents to Procurement division of SLT.
eTENDER can be accessed via http://www.slt.lk
eProcurement system is not limited to eTENDER but has all the other in-house components like Material requirement Planning, making Purchase request online, electronic LC, automated custom clearing (being implemented) and single point of contact. To facilitate the eProcurement system SLT implemented electronic Documentary management system (eDMS) where documents related to procurement are generated, distributed, authorized, approved and archived electronically
SLT understands that customers come in increasingly unique and differentiated segments. They want to be seen and approached as individuals with specific needs and SLT’s effective e-commerce provides them with a careful balance of ideas and marketing strategies and a thorough understanding of customer behaviours and motivations. With e-commerce facilities, SLT strives to cater more efficiently to its stakeholders and customers by providing value, service and performance.
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| Sri Lanka Telecom (www.slt.lk) is one of the country’s most vital utility companies with an annual turnover in excess of Rs.29.5 billion. The company has a customer base of 860,000 including multinational corporations, large and small corporates, retail and domestic customers. Today, with NTT of Japan as a strategic partner, SLT provides facilities and services to its customers, which are unmatched in scope. These services range from domestic and international voice, advance data transmission services which include internet services on leased lines, broadband [on ADSL] and dial up, data circuits, frame relay solutions, to IP based services such as IP-VPN, total solutions of combination of multiple services, satellite uplink services and mobile telephony through fully owned subsidiary Mobitel. The company was also awarded an AAA (sri) rating by a Fitch Ratings Lanka followed by a B+ international rating by Fitch International and Standard & Poor’s.
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