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Business Need – To procure goods of better quality, at better price and better Turn Around Time from multiple vendors. Getting it done manually was a cumbersome exercise, No competitive price, etc. Solution given – a complete automated process right from registration of vendors, requisition generated through proper approval system, Analysing history of each vendor, short listing L1 L2 L3 based on past Quality delivery, Turn Around Time, Better price, etc.
- Automation of purchase or procurement process eliminating manual interference
- Participation of multiple vendors - competitive rates
- No favouritisms
- Faster approvals
- Automated periodical performance analytical reports of all the vendors enable consistency in better operation