Transformation of procurement process through ERP and e-GP system in power plants

Abstract

“Electricity Generation Company of Bangladesh Ltd” is one of the largest state owned power generation company under Power Division, Ministry of Power, Energy & Mineral Resources. The company started their journey in 1996 as Meghnaghat Power Company (MPC) Ltd. which was renamed as Electricity Generation Company of Bangladesh Ltd (EGCB) in 2004. Currently EGCB’s generation capacity almost 954 MW with its three power plants at Narayanganj Area. The company adopted electronic procurement (E-gp) and enterprise resource management system (ERP) to facilitate its business. These two newly adopted technologies have already altered the manual procurement process. Process simplification and transparency in the procurement process gave a strategic advantage to the business in Bangladesh's power sector. We will evaluate all required data and information in this study to determine the transformation process and its impact at the organizational level. The Company already obtained ISO 9001:2015, ISO-14001:2015, ISO 45001:2018 certifications as a part of its transformation. It ensure sustainability at all the functional levels. EGCB procurement procedure was also scrutinized by an ISO audit team and that was benchmarked against international standards. Primary and secondary sources of information were used in this research. All collected data was correctly analyzed and represented in charts for easier comparison. The procurement process satisfies all of the known process transformation indicators.