eProcurement Technologies LTD

Ellisbridge, Ahmedabad, Gujarat

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 each qualified vendor is open and it helps department to save on the physical negotiation hours. Pattern supported: >> Standard Here 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 the minimum revision amount after the trending price. No vendor can quote same price here. >>Rank Here 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 on network 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 similar rates are found. Apart from this we do also provide clock and Yankee auctions as well.

eTender or eRFX - it includes eRFQ - Request for Quotation eRFP - Request for Proposal eRFI / EOI - Request for Information/ Expression of Interest The e-RFx system is divided into discrete sections and usually an e-RFx will have very prescriptive questions so it will be easier to give the client the response they are looking for. e-RFx System covers complete processes such as centralized user registration, preparation of notice, preparation of Bid forms, invitation of Bids, conducting online pre-bid meeting, collection of bid security, on-line Bid submission, Bid opening & evaluation, negotiations. e-RFx goes some way to leveling the playing field where everyone is answering the same questions and often within a set word limit so it should be much easier for the evaluator to reach an objective decision with an e-RFx. e-RFx usually has some full proofing to it, so you cannot submit an e-RFx unless you have completed mandatory sections. This means it is impossible to submit a noncompliant bid.