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Petronas Empowers Digital Revolution: Dynamic Partnerships with Dropee and Lapasar Revolutionise B2B Procurement
Kenneth Chong, February 14, 2024

Trailblazing Journey with Dropee and Lapasar Redefining B2B Procurement

Dropee
Credit Image Via Website

In the dynamic landscape of B2B procurement, where efficiency, compliance, and connectivity reign supreme, platforms like Dropee and Lapasar have emerged as transformative forces, reshaping the way businesses engage in transactions. With a keen focus on streamlining processes, enhancing transparency, and fostering collaboration, these platforms represent more than just e-commerce solutions; they embody a paradigm shift towards digitization and innovation in supply chain management.

Dropee, as a leading player in the B2B e-commerce sphere, has carved a niche for itself with its tailored solutions catering to the FMCG and Retail sectors. Its marketplace stands as a testament to its commitment to revolutionising procurement processes, offering a secure and efficient environment for registered suppliers and buyers. Meanwhile, Lapasar, in collaboration with PETRONAS, has extended its reach beyond corporate clients to embrace Mom and Pop stores, leveraging its vast product catalogue and SWEC code compliance to empower businesses across Malaysia.

As we delve deeper into the intricacies of these platforms, we uncover not just technological advancements but also a profound understanding of the evolving needs of the B2B landscape. Join us as we explore the innovations, partnerships, and benefits that Dropee and Lapasar bring to the forefront of modern procurement.

Transforming Petronas B2B Procurement

Dropee
Credit Image Via Website

Platform Overview

Dropee

Besides that, they are positioned as a one-stop eProcurement Platform and Enterprise Solution catering to diverse businesses. Specializing in the FMCG and Retail sectors, the platform facilitates seamless connectivity between buyers and suppliers, streamlining bulk transactions and operational processes. Recognizing a gap in Malaysia's supply chain landscape, it emerged with a mission to enhance communication and efficiency between suppliers and SME retailers through its innovative online platform.

Dropee Marketplace:

Dropee
Credit Image to Via Website

For suppliers seeking to participate in the Dropee Marketplace, stringent criteria are in place to ensure compliance with standards and regulations. Firstly, suppliers must carry products that fall within the 40 Standardised Work/Equipment Category (SWEC) codes. These SWEC codes encompass a range of products and services essential to operations, ensuring that suppliers offer goods that meet the energy giant's specific requirements and standards. Additionally, suppliers must possess a valid license certificate corresponding to the designated SWEC codes, demonstrating compliance with the regulatory framework and quality standards.

They serve as a closed ecosystem exclusively for registered suppliers and buyers, fostering a secure and efficient procurement environment within the supply chain network. Scheduled to launch in Q3 of 2020, this customized platform represents a significant milestone in the digital transformation journey, heralding a new era of efficiency and transparency in B2B procurement.

Open Marketplace

Not only that, they also operate an Open Marketplace, an online platform connecting B2B sellers with retail customers. Since its inception in 2017, the Open Marketplace has garnered significant traction, serving numerous major brands across various industries. As a supplier, businesses have the opportunity to expand their reach by selling products on this open marketplace, thereby tapping into a broader customer base and driving business growth. Suppliers interested in listing their products on the Open Marketplace can request to do so by contacting petronas@dropee.com.

Lapasar Empowers Petronas' B2B Wholesale

Lapasar
Credit Image Via Website

Platform Evolution

Lapasar

In conjunction with its partnership with Dropee, Petronas also collaborates with Lapasar, another prominent B2B e-commerce platform in Malaysia. They are renowned for their comprehensive product offerings and supply chain solutions, further strengthening digital procurement capabilities, and signalling a transformative shift towards innovation and efficiency in the energy giant's operations.

Corporate Origins and Expansion

They were initially established as a B2B platform serving corporate clients like Telekom Malaysia, PETRONAS, and Tenaga Nasional Berhad, expanding its services in 2020 to include Mom and Pop stores. This expansion into the FMCG Wholesale Segment has become the cornerstone of business growth, aiming to onboard over 100,000 Mom and Pop stores and restaurants across Malaysia onto its Mobile App.

Streamlined Ordering Experience

Lapasar
Credit Image to Elena Prokopets Via Website

With a product catalogue of over 21,000 items and a significant number of orders processed, they are poised to simplify the daily ordering process for businesses, akin to the seamless experience provided by consumer e-commerce giants like Shopee or Lazada.

SWEC Code Compliance

Furthermore, they operate under the 239 SWEC Codes, ensuring alignment with specific procurement requirements and standards. This designation underscores their commitment to facilitating procurement processes within the supply chain network, enhancing efficiency and transparency in B2B transactions.

Digitising Procurement Processes

Digitizing procurement processes lies at the heart of Lapasar's mission. Through its B2B marketplace, it facilitates cross-functional collaboration, empowering suppliers to efficiently engage with PETRONAS and other clients. Suppliers are given proactive ownership of their accounts, allowing them to manage product listings, pricing, shipping, and other settings autonomously. By embracing technology and fostering an open mindset, they encourage suppliers to leverage their platform to drive procurement activities and elevate ways of working, thereby driving greater efficiency and effectiveness across the supply chain.

The Benefits of B2B Marketplace:

  1. Access to a Vast Range of Buyer Landscape: The B2B marketplace offers access to a diverse array of buyers, ranging from corporate entities to Mom and Pop stores, providing suppliers with expanded market opportunities.
  2. Access to Real-Time Sales Performance: Suppliers benefit from real-time insights into their sales performance, enabling them to make informed decisions and optimize their business strategies.
  3. Access to Centralized Transaction Documentation Repository: They provide a centralized repository for transaction documentation, streamlining record-keeping and enhancing transparency in business transactions.
  4. Fast and Efficient Contact Support Line: Users of the B2B marketplace have access to a dedicated support line, ensuring prompt assistance and resolution of queries or issues.
  5. Remote Business Transactions via Mobile: Their mobile app enables users to conduct business transactions remotely, offering convenience and flexibility in managing procurement activities on the go.

Dropee and Lapasar's Overture to Procurement's Bright Future

Petronas
Credit Image to Anna Wattson, 2020 Via LinkedIn

In the ever-evolving realm of B2B procurement, adaptation and innovation are paramount. Dropee and Lapasar exemplify this ethos, as they continue to push boundaries, redefine standards, and empower businesses on their digital transformation journeys. From the stringent compliance requirements of the Dropee Marketplace to the expansive reach and real-time insights offered by Lapasar, these platforms embody the future of procurement – one characterized by efficiency, transparency, and collaboration.

As we reflect on the advancements showcased by Dropee and Lapasar, it becomes evident that the journey towards digital procurement excellence is not merely about technology but about fostering meaningful connections, driving sustainable growth, and delivering value across the supply chain ecosystem. With Dropee and Lapasar leading the charge, businesses can embark on this journey with confidence, knowing that they have the tools, insights, and support necessary to thrive in an increasingly competitive marketplace.

Frequently Asked Questions (FAQ) About Dropee and Lapasar

Petronas

What is the Difference Between Dropee and Lapasar?

Dropee

  • Dropee is an e-procurement platform launched by Petroliam Nasional Berhad, Malaysia's oil and gas company.
  • It primarily caters to business-to-business (B2B) transactions, especially in the procurement of industrial and commercial products.
  • Dropee is focused on facilitating efficient procurement processes for businesses, offering a wide range of products and suppliers on its platform

Lapasar

  • An e-commerce platform launched by the Malaysian government
  • Geared more towards consumer-to-business (C2B) and Business-to-consumer (B2C) transactions
  • It aims to provide a platform for various vendors, including small and medium-sized enterprises (SMEs), to sell their products directly to consumers and business

What is the bridge to new ways with punchout B2B ?

It involves a connection between a buyer's procurement system and a supplier's e-commerce website or platform. Combining Dropee and Lapasar through a punchout B2B integration would mean enabling buyers who are using Dropee's procurement system to access products listed on Lapasar's platform seamlessly from within the Dropee interface. This integration allows buyers to search, select, and purchase products from Lapasar's platform while remaining within the Dropee ecosystem. In essence, the punchout B2B integration between Dropee and Lapasar would enhance the procurement process by giving buyers access to a wider range of products available on Lapasar's platform without needing to switch between multiple systems or interfaces.

Contact Us Today To Know More About Petronas E-Commerce Dropee and Lapasar !

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