Business Management Consultants #6754422

Along with eTender and eAuction services eProcurement Technologies LTD is also providing vendor sourcing on the basis of requirements of client, to make the procurement more comparative and to get more savings. ETL makes value efforts in the market for fetching vendors from different regions, products and categories. We have been able to satisfy client in 90% of the time with result what vendor sourcing team has to put on board for Vendor evaluation. Buyer can consider above activity (not limited to only) as key notes in process. Normally 7 working days time (TAT 7 Working days) line is observed effective in completing the vendor sourcing task, until unless project requirement is complex in nature.

It the real time negotiation tool where technically qualified vendors are invited to negotiate their commercial quotation through multiple bids in stipulated time frame. Auction runs time till vendors keep on bidding their prices and this pattern itself makes vendor compete on prices to win the contract. Here the opportunity for eachqualified vendor is open and it helps department to save on the physical negotiation hours.Pattern supported: >> StandardHere vendors are given a time to outbid the price which is currently trending on network. At no point, the price gets accepted if not revised according to theminimum revision amount after the trending price. No vendor can quote same price here.>>RankHere vendors have a provision to bid on their own prices keeping in view the start rate & revision amount. This type ideally does not show the trending price onnetwork to participating vendors. Hence possibility here is to have more than one vendor on similar rate. Ranks are allocated on first come first serve basis if similarrates are found. Apart from this we do also provide clock and Yankee auctions as well.