Reverse e-Auction Solution For Manufacturing Sector

According to McKinsey & Co, India’s manufacturing sector can touch US$ 1 Trillion mark by 2025 and would also generate as much as 90 million jobs. The government, through its ‘Make In India’ drive, has tried to infuse new life into the manufacturing sector of India. Easing of policies is one of the many moves made in this regard. Greater transparency, trouble free process and shorter time to procure can further boost the sector and encourage investors to invest. Reverse e-Auction solutions add immense business value in the procurement process in ways more than one. If global manufacturing giants are to land in India and manufacture at a big scale, online Reverse e-Auction will play a critical role in ensuring overall business success.

Our Solution

We have delivered many successful reverse e-Auction solutions for our clients in manufacturing sector. Our solutions bring about significant cost reduction and also shorten the turn-around-time for the procurement.

One of our most valued clients, United Biscuits approached us for a reverse e-Auction solution for procuring soft dough and hard dough wheat floor at best rates. Solution provided by us was comprehensive and included designing the auction rules, preparing the bid document for bidders, conduction of mock auction to make the bidder comfortable with the solution. Reverse e-Auction solution reduced the turnaround time from days to a few hours and also enabled United Biscuits to save an amount of Rs. 315000 on overall cost.

Our Clients

•  NTL Electronics
•  Untied Biscuits

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