Development of an Online Auction Management System: A Case Study of Auction Holdings Limited

Jeremiah Phesele*
Malawi School of Government, Lilongwe, Malawi.
Periodicity:April - June'2024
DOI : https://doi.org/10.26634/jit.13.2.20877

Abstract

The tobacco industry is crucial to Malawi's economy, accounting for over 70% of the country's foreign exchange earnings and supporting the livelihoods of a significant portion of the population. Despite its vital role, the current auction management system used by Auction Holdings Limited (AHL) encounters several issues. These include labor-intensive manual processes, a lack of transaction transparency, and inefficiencies that result in delayed payments and disputes over lot allocations. This paper proposes developing an online tobacco auction management system to address these challenges. The new system aims to convert existing manual processes into automated workflows, minimizing human error and speeding up processing times. By utilizing digital technologies, the system will offer real-time updates on auction activities, enhancing transparency for all stakeholders, including farmers, buyers, and regulatory bodies. Additionally, it will streamline the lot allocation process and ensure prompt and secure payment transactions, thereby reducing disputes and improving participant satisfaction. This paper provides a thorough analysis of the proposed system's design and functionality, including user interface specifications, data management protocols, and security features. A feasibility study covering operational, economic, legal, and technical aspects confirms the system's viability. This paper also examines the system's potential impact on the tobacco industry, highlighting benefits like increased operational efficiency, enhanced stakeholder trust, and overall economic improvements.

Keywords

Tobacco Industry, Malawi's Economy, Foreign Exchange Earnings, Auction Holdings Limited (AHL), Manual Processes, Online Tobacco Auction Management System.

How to Cite this Article?

Phesele, J. (2024). Development of an Online Auction Management System: A Case Study of Auction Holdings Limited. i-manager’s Journal on Information Technology, 13(2), 31-43. https://doi.org/10.26634/jit.13.2.20877

References

[1]. Davenport, T. H., & Short, J. E. (1998). The new industrial engineering: Information technology and business process redesign. IEEE Engineering Management Review, 26(3), 46-60.
[4]. Pressman, R. S. (2005). Software Engineering: A Practitioner's Approach. Palgrave Macmillan.
[5]. Sommerville, I. (2016). Software Engineering (10th ed.). Pearson.
If you have access to this article please login to view the article or kindly login to purchase the article

Purchase Instant Access

Single Article

North Americas,UK,
Middle East,Europe
India Rest of world
USD EUR INR USD-ROW
Pdf 35 35 200 20
Online 35 35 200 15
Pdf & Online 35 35 400 25

Options for accessing this content:
  • If you would like institutional access to this content, please recommend the title to your librarian.
    Library Recommendation Form
  • If you already have i-manager's user account: Login above and proceed to purchase the article.
  • New Users: Please register, then proceed to purchase the article.