TVNZ chooses i2 procurement system

By ADAM GIFFORD

Television New Zealand is set to buy an electronic procurement system from leading US supply chain software specialist i2.

It is the first Australasian sale of the RightWorks application, which will have been rebadged as i2 Procurement by the time it is installed next year.

TVNZ strategic procurement manager Andrea Gregory said the deal was still being finalised, and no implementation partner had yet been chosen.

The software is understood to cost "comfortably under $1 million" - a reflection of strong competition as the market for electronic procurement solutions shakes out.

Already this year Ariba's flagship site in New Zealand, Onezone, closed its doors because it could not attract sufficient transaction volumes, and local software vendor Genie Systems has gone into receivership after failing to attract fresh venture capital for development of its Orderware product.

The major package software vendors are adopting strategies similar to i2, buying eprocurement products and integrating them into their core product suites.

RightWorks' promotional material claims that moving manual processes online and automating the associated steps can reduce annual procurement spending by 20 per cent or more.

Links


i2