VENDX Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved. Case Study of our Client Procurement Process at Client End Vendor Assessment Suppliers ERP Receiving Indent Vendor Approval Preliminary.
Download ReportTranscript VENDX Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved. Case Study of our Client Procurement Process at Client End Vendor Assessment Suppliers ERP Receiving Indent Vendor Approval Preliminary.
Slide 1
VENDX
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Case Study of our Client
Procurement Process at Client End
Vendor
Assessment
Suppliers
ERP
Receiving Indent
Vendor Approval
Preliminary Vendor Selection
PURCHASING DECISION MAKING PROCESS
Negotiation
Comparison (Excel)
ERP
Floating RFQ
Receiving Quotes
To
From
Supplier
Supplier
To
Receiving Re-Quotes
Supplier
Final Comparison
Approval Chain
ERP
From
Placing Order
Supplier
ERP
ERP
Delivery Details
Info to Supplier
Delivery Schedule
To
GRN
DN/CN
Rejection
Account Ledger
Payment Status
Supplier
ERP
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
ISSUES Faced by client…
Time Constraint For…
Acquiring Market Information
Huge Time Spent On...
Supplier Evaluation
Time Constraint For…
Retrieving Past Negotiations
Time Constraint For…
… And then
Creating & Maintaining Documentation
walked-in the AUDITOR…
Constraint For…
Sending RFQ to large vendor base
Constraint For…
Getting Structured Quotes
Time Constraint For…
Complex Calculation of Landed Cost
Time Constraint For…
Tracking Material Delivery
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Realization of possible adverse impact on Costs
Information Gaps
Lack of Transparency
Lack of competitive environment
Lack of time for Strategic actions
Delay in decision making
Absence of Standardization of processes
PROFIT
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
what were his needs?
A system which:
Is Technology Driven to facilitate seamless exchange of information and communication with
his suppliers globally
Brings complete Transparency in Decision making Process to meet Compliance needs
Is Innovative to take care of all administrative tasks including much needed documentation
Is offering instant analysis to formulate effective Negotiation strategies to Reduce Cost
Offers historical data with trail to meet Audit requirements
Is smart to send alerts for inactions of users
Works seamlessly with existing ERP
Most Importantly:
A system which is extremely SIMPLE and USER FRIENDLY & requires NO SUPPLIER TRAINING
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
What options did he evaluate?
ERPs….
Prominent Solutions in the market
Office Automation Suites
……
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Welcome To…
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
What made his life easy?
Vendx Modules: Pre-Order Process
Sample
Vendor Visit
Evaluation Module
Report Module
Vendor Portal Module
Sourcing Module
(Negotiation / Reverse Auction
Decision Authorization)
Vendx Modules: Post-Order Process
Vendx Delivery
Vendx GRN Data
Vendx Accounts Data
Tracking Module
Integration Module
Integration Module
Vendx: Other Module
Vendx MD’s Desk
Module
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
VENDX Value Delivery
To ‘The Top Management’:
• Cost Savings due to energized procurement process leading to Instant ROI
• Complete Accountability of every decision
• Central databank of Knowledge
• Legal Compliance
To ‘The Users’:
• Huge savings of time in Tedious Administrative Tasks
• Instant availability of Historical Information & Analysis
• Instant insight on Market Information
• Painless Audit Process
• Less stressful work environment
To ‘The IT’:
• Painless implementation & maintenance
•Seamless integration with your ERP / Legacy System
• Adoption of Best Practices
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
INSTANT ROI
Excerpts From - IIMM Conference - Mumbai
(INDIA – Emerging to Surging Economy - Supply Management Strategies for sustainable growth
18th & 19th Dec, 2009)
“There is no Future without E- Markets.”
- Dr. B. Mahadevan, Dean IIM – Bangalore
“Cost & Time Management determines the success or failure of an organization. Your best investment has to be in Technology.”
- Dr. D. B. Gupta - Chairman, Lupin Ltd
“Supply Chain determines the Competitive Edge. Efficiency in Procurement function is the Key Driver. Ideal technology selection is
dependent on how it Maps your organization landscape.”
- Mr. Ashok Sinha, MD, BPCL
“Constant improvement of Processes are very essential to build competitive edge. The Management Focus across the world is to
`Reduce Cost’. ”
- Mr.K.E.Ranganathan, Murugappa Group
“Innovation is the key to build competitive edge. Disruptive practices & effective cost management will be key drivers for Survival
& Growth.”
- Mr. B.V. Iyer - National President of IIMM
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Slide 2
VENDX
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Case Study of our Client
Procurement Process at Client End
Vendor
Assessment
Suppliers
ERP
Receiving Indent
Vendor Approval
Preliminary Vendor Selection
PURCHASING DECISION MAKING PROCESS
Negotiation
Comparison (Excel)
ERP
Floating RFQ
Receiving Quotes
To
From
Supplier
Supplier
To
Receiving Re-Quotes
Supplier
Final Comparison
Approval Chain
ERP
From
Placing Order
Supplier
ERP
ERP
Delivery Details
Info to Supplier
Delivery Schedule
To
GRN
DN/CN
Rejection
Account Ledger
Payment Status
Supplier
ERP
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
ISSUES Faced by client…
Time Constraint For…
Acquiring Market Information
Huge Time Spent On...
Supplier Evaluation
Time Constraint For…
Retrieving Past Negotiations
Time Constraint For…
… And then
Creating & Maintaining Documentation
walked-in the AUDITOR…
Constraint For…
Sending RFQ to large vendor base
Constraint For…
Getting Structured Quotes
Time Constraint For…
Complex Calculation of Landed Cost
Time Constraint For…
Tracking Material Delivery
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Realization of possible adverse impact on Costs
Information Gaps
Lack of Transparency
Lack of competitive environment
Lack of time for Strategic actions
Delay in decision making
Absence of Standardization of processes
PROFIT
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
what were his needs?
A system which:
Is Technology Driven to facilitate seamless exchange of information and communication with
his suppliers globally
Brings complete Transparency in Decision making Process to meet Compliance needs
Is Innovative to take care of all administrative tasks including much needed documentation
Is offering instant analysis to formulate effective Negotiation strategies to Reduce Cost
Offers historical data with trail to meet Audit requirements
Is smart to send alerts for inactions of users
Works seamlessly with existing ERP
Most Importantly:
A system which is extremely SIMPLE and USER FRIENDLY & requires NO SUPPLIER TRAINING
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
What options did he evaluate?
ERPs….
Prominent Solutions in the market
Office Automation Suites
……
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Welcome To…
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
What made his life easy?
Vendx Modules: Pre-Order Process
Sample
Vendor Visit
Evaluation Module
Report Module
Vendor Portal Module
Sourcing Module
(Negotiation / Reverse Auction
Decision Authorization)
Vendx Modules: Post-Order Process
Vendx Delivery
Vendx GRN Data
Vendx Accounts Data
Tracking Module
Integration Module
Integration Module
Vendx: Other Module
Vendx MD’s Desk
Module
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
VENDX Value Delivery
To ‘The Top Management’:
• Cost Savings due to energized procurement process leading to Instant ROI
• Complete Accountability of every decision
• Central databank of Knowledge
• Legal Compliance
To ‘The Users’:
• Huge savings of time in Tedious Administrative Tasks
• Instant availability of Historical Information & Analysis
• Instant insight on Market Information
• Painless Audit Process
• Less stressful work environment
To ‘The IT’:
• Painless implementation & maintenance
•Seamless integration with your ERP / Legacy System
• Adoption of Best Practices
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
INSTANT ROI
Excerpts From - IIMM Conference - Mumbai
(INDIA – Emerging to Surging Economy - Supply Management Strategies for sustainable growth
18th & 19th Dec, 2009)
“There is no Future without E- Markets.”
- Dr. B. Mahadevan, Dean IIM – Bangalore
“Cost & Time Management determines the success or failure of an organization. Your best investment has to be in Technology.”
- Dr. D. B. Gupta - Chairman, Lupin Ltd
“Supply Chain determines the Competitive Edge. Efficiency in Procurement function is the Key Driver. Ideal technology selection is
dependent on how it Maps your organization landscape.”
- Mr. Ashok Sinha, MD, BPCL
“Constant improvement of Processes are very essential to build competitive edge. The Management Focus across the world is to
`Reduce Cost’. ”
- Mr.K.E.Ranganathan, Murugappa Group
“Innovation is the key to build competitive edge. Disruptive practices & effective cost management will be key drivers for Survival
& Growth.”
- Mr. B.V. Iyer - National President of IIMM
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Slide 3
VENDX
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Case Study of our Client
Procurement Process at Client End
Vendor
Assessment
Suppliers
ERP
Receiving Indent
Vendor Approval
Preliminary Vendor Selection
PURCHASING DECISION MAKING PROCESS
Negotiation
Comparison (Excel)
ERP
Floating RFQ
Receiving Quotes
To
From
Supplier
Supplier
To
Receiving Re-Quotes
Supplier
Final Comparison
Approval Chain
ERP
From
Placing Order
Supplier
ERP
ERP
Delivery Details
Info to Supplier
Delivery Schedule
To
GRN
DN/CN
Rejection
Account Ledger
Payment Status
Supplier
ERP
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
ISSUES Faced by client…
Time Constraint For…
Acquiring Market Information
Huge Time Spent On...
Supplier Evaluation
Time Constraint For…
Retrieving Past Negotiations
Time Constraint For…
… And then
Creating & Maintaining Documentation
walked-in the AUDITOR…
Constraint For…
Sending RFQ to large vendor base
Constraint For…
Getting Structured Quotes
Time Constraint For…
Complex Calculation of Landed Cost
Time Constraint For…
Tracking Material Delivery
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Realization of possible adverse impact on Costs
Information Gaps
Lack of Transparency
Lack of competitive environment
Lack of time for Strategic actions
Delay in decision making
Absence of Standardization of processes
PROFIT
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
what were his needs?
A system which:
Is Technology Driven to facilitate seamless exchange of information and communication with
his suppliers globally
Brings complete Transparency in Decision making Process to meet Compliance needs
Is Innovative to take care of all administrative tasks including much needed documentation
Is offering instant analysis to formulate effective Negotiation strategies to Reduce Cost
Offers historical data with trail to meet Audit requirements
Is smart to send alerts for inactions of users
Works seamlessly with existing ERP
Most Importantly:
A system which is extremely SIMPLE and USER FRIENDLY & requires NO SUPPLIER TRAINING
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
What options did he evaluate?
ERPs….
Prominent Solutions in the market
Office Automation Suites
……
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Welcome To…
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
What made his life easy?
Vendx Modules: Pre-Order Process
Sample
Vendor Visit
Evaluation Module
Report Module
Vendor Portal Module
Sourcing Module
(Negotiation / Reverse Auction
Decision Authorization)
Vendx Modules: Post-Order Process
Vendx Delivery
Vendx GRN Data
Vendx Accounts Data
Tracking Module
Integration Module
Integration Module
Vendx: Other Module
Vendx MD’s Desk
Module
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
VENDX Value Delivery
To ‘The Top Management’:
• Cost Savings due to energized procurement process leading to Instant ROI
• Complete Accountability of every decision
• Central databank of Knowledge
• Legal Compliance
To ‘The Users’:
• Huge savings of time in Tedious Administrative Tasks
• Instant availability of Historical Information & Analysis
• Instant insight on Market Information
• Painless Audit Process
• Less stressful work environment
To ‘The IT’:
• Painless implementation & maintenance
•Seamless integration with your ERP / Legacy System
• Adoption of Best Practices
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
INSTANT ROI
Excerpts From - IIMM Conference - Mumbai
(INDIA – Emerging to Surging Economy - Supply Management Strategies for sustainable growth
18th & 19th Dec, 2009)
“There is no Future without E- Markets.”
- Dr. B. Mahadevan, Dean IIM – Bangalore
“Cost & Time Management determines the success or failure of an organization. Your best investment has to be in Technology.”
- Dr. D. B. Gupta - Chairman, Lupin Ltd
“Supply Chain determines the Competitive Edge. Efficiency in Procurement function is the Key Driver. Ideal technology selection is
dependent on how it Maps your organization landscape.”
- Mr. Ashok Sinha, MD, BPCL
“Constant improvement of Processes are very essential to build competitive edge. The Management Focus across the world is to
`Reduce Cost’. ”
- Mr.K.E.Ranganathan, Murugappa Group
“Innovation is the key to build competitive edge. Disruptive practices & effective cost management will be key drivers for Survival
& Growth.”
- Mr. B.V. Iyer - National President of IIMM
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Slide 4
VENDX
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Case Study of our Client
Procurement Process at Client End
Vendor
Assessment
Suppliers
ERP
Receiving Indent
Vendor Approval
Preliminary Vendor Selection
PURCHASING DECISION MAKING PROCESS
Negotiation
Comparison (Excel)
ERP
Floating RFQ
Receiving Quotes
To
From
Supplier
Supplier
To
Receiving Re-Quotes
Supplier
Final Comparison
Approval Chain
ERP
From
Placing Order
Supplier
ERP
ERP
Delivery Details
Info to Supplier
Delivery Schedule
To
GRN
DN/CN
Rejection
Account Ledger
Payment Status
Supplier
ERP
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
ISSUES Faced by client…
Time Constraint For…
Acquiring Market Information
Huge Time Spent On...
Supplier Evaluation
Time Constraint For…
Retrieving Past Negotiations
Time Constraint For…
… And then
Creating & Maintaining Documentation
walked-in the AUDITOR…
Constraint For…
Sending RFQ to large vendor base
Constraint For…
Getting Structured Quotes
Time Constraint For…
Complex Calculation of Landed Cost
Time Constraint For…
Tracking Material Delivery
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Realization of possible adverse impact on Costs
Information Gaps
Lack of Transparency
Lack of competitive environment
Lack of time for Strategic actions
Delay in decision making
Absence of Standardization of processes
PROFIT
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
what were his needs?
A system which:
Is Technology Driven to facilitate seamless exchange of information and communication with
his suppliers globally
Brings complete Transparency in Decision making Process to meet Compliance needs
Is Innovative to take care of all administrative tasks including much needed documentation
Is offering instant analysis to formulate effective Negotiation strategies to Reduce Cost
Offers historical data with trail to meet Audit requirements
Is smart to send alerts for inactions of users
Works seamlessly with existing ERP
Most Importantly:
A system which is extremely SIMPLE and USER FRIENDLY & requires NO SUPPLIER TRAINING
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
What options did he evaluate?
ERPs….
Prominent Solutions in the market
Office Automation Suites
……
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Welcome To…
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
What made his life easy?
Vendx Modules: Pre-Order Process
Sample
Vendor Visit
Evaluation Module
Report Module
Vendor Portal Module
Sourcing Module
(Negotiation / Reverse Auction
Decision Authorization)
Vendx Modules: Post-Order Process
Vendx Delivery
Vendx GRN Data
Vendx Accounts Data
Tracking Module
Integration Module
Integration Module
Vendx: Other Module
Vendx MD’s Desk
Module
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
VENDX Value Delivery
To ‘The Top Management’:
• Cost Savings due to energized procurement process leading to Instant ROI
• Complete Accountability of every decision
• Central databank of Knowledge
• Legal Compliance
To ‘The Users’:
• Huge savings of time in Tedious Administrative Tasks
• Instant availability of Historical Information & Analysis
• Instant insight on Market Information
• Painless Audit Process
• Less stressful work environment
To ‘The IT’:
• Painless implementation & maintenance
•Seamless integration with your ERP / Legacy System
• Adoption of Best Practices
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
INSTANT ROI
Excerpts From - IIMM Conference - Mumbai
(INDIA – Emerging to Surging Economy - Supply Management Strategies for sustainable growth
18th & 19th Dec, 2009)
“There is no Future without E- Markets.”
- Dr. B. Mahadevan, Dean IIM – Bangalore
“Cost & Time Management determines the success or failure of an organization. Your best investment has to be in Technology.”
- Dr. D. B. Gupta - Chairman, Lupin Ltd
“Supply Chain determines the Competitive Edge. Efficiency in Procurement function is the Key Driver. Ideal technology selection is
dependent on how it Maps your organization landscape.”
- Mr. Ashok Sinha, MD, BPCL
“Constant improvement of Processes are very essential to build competitive edge. The Management Focus across the world is to
`Reduce Cost’. ”
- Mr.K.E.Ranganathan, Murugappa Group
“Innovation is the key to build competitive edge. Disruptive practices & effective cost management will be key drivers for Survival
& Growth.”
- Mr. B.V. Iyer - National President of IIMM
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Slide 5
VENDX
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Case Study of our Client
Procurement Process at Client End
Vendor
Assessment
Suppliers
ERP
Receiving Indent
Vendor Approval
Preliminary Vendor Selection
PURCHASING DECISION MAKING PROCESS
Negotiation
Comparison (Excel)
ERP
Floating RFQ
Receiving Quotes
To
From
Supplier
Supplier
To
Receiving Re-Quotes
Supplier
Final Comparison
Approval Chain
ERP
From
Placing Order
Supplier
ERP
ERP
Delivery Details
Info to Supplier
Delivery Schedule
To
GRN
DN/CN
Rejection
Account Ledger
Payment Status
Supplier
ERP
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
ISSUES Faced by client…
Time Constraint For…
Acquiring Market Information
Huge Time Spent On...
Supplier Evaluation
Time Constraint For…
Retrieving Past Negotiations
Time Constraint For…
… And then
Creating & Maintaining Documentation
walked-in the AUDITOR…
Constraint For…
Sending RFQ to large vendor base
Constraint For…
Getting Structured Quotes
Time Constraint For…
Complex Calculation of Landed Cost
Time Constraint For…
Tracking Material Delivery
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Realization of possible adverse impact on Costs
Information Gaps
Lack of Transparency
Lack of competitive environment
Lack of time for Strategic actions
Delay in decision making
Absence of Standardization of processes
PROFIT
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
what were his needs?
A system which:
Is Technology Driven to facilitate seamless exchange of information and communication with
his suppliers globally
Brings complete Transparency in Decision making Process to meet Compliance needs
Is Innovative to take care of all administrative tasks including much needed documentation
Is offering instant analysis to formulate effective Negotiation strategies to Reduce Cost
Offers historical data with trail to meet Audit requirements
Is smart to send alerts for inactions of users
Works seamlessly with existing ERP
Most Importantly:
A system which is extremely SIMPLE and USER FRIENDLY & requires NO SUPPLIER TRAINING
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
What options did he evaluate?
ERPs….
Prominent Solutions in the market
Office Automation Suites
……
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Welcome To…
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
What made his life easy?
Vendx Modules: Pre-Order Process
Sample
Vendor Visit
Evaluation Module
Report Module
Vendor Portal Module
Sourcing Module
(Negotiation / Reverse Auction
Decision Authorization)
Vendx Modules: Post-Order Process
Vendx Delivery
Vendx GRN Data
Vendx Accounts Data
Tracking Module
Integration Module
Integration Module
Vendx: Other Module
Vendx MD’s Desk
Module
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
VENDX Value Delivery
To ‘The Top Management’:
• Cost Savings due to energized procurement process leading to Instant ROI
• Complete Accountability of every decision
• Central databank of Knowledge
• Legal Compliance
To ‘The Users’:
• Huge savings of time in Tedious Administrative Tasks
• Instant availability of Historical Information & Analysis
• Instant insight on Market Information
• Painless Audit Process
• Less stressful work environment
To ‘The IT’:
• Painless implementation & maintenance
•Seamless integration with your ERP / Legacy System
• Adoption of Best Practices
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
INSTANT ROI
Excerpts From - IIMM Conference - Mumbai
(INDIA – Emerging to Surging Economy - Supply Management Strategies for sustainable growth
18th & 19th Dec, 2009)
“There is no Future without E- Markets.”
- Dr. B. Mahadevan, Dean IIM – Bangalore
“Cost & Time Management determines the success or failure of an organization. Your best investment has to be in Technology.”
- Dr. D. B. Gupta - Chairman, Lupin Ltd
“Supply Chain determines the Competitive Edge. Efficiency in Procurement function is the Key Driver. Ideal technology selection is
dependent on how it Maps your organization landscape.”
- Mr. Ashok Sinha, MD, BPCL
“Constant improvement of Processes are very essential to build competitive edge. The Management Focus across the world is to
`Reduce Cost’. ”
- Mr.K.E.Ranganathan, Murugappa Group
“Innovation is the key to build competitive edge. Disruptive practices & effective cost management will be key drivers for Survival
& Growth.”
- Mr. B.V. Iyer - National President of IIMM
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Slide 6
VENDX
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Case Study of our Client
Procurement Process at Client End
Vendor
Assessment
Suppliers
ERP
Receiving Indent
Vendor Approval
Preliminary Vendor Selection
PURCHASING DECISION MAKING PROCESS
Negotiation
Comparison (Excel)
ERP
Floating RFQ
Receiving Quotes
To
From
Supplier
Supplier
To
Receiving Re-Quotes
Supplier
Final Comparison
Approval Chain
ERP
From
Placing Order
Supplier
ERP
ERP
Delivery Details
Info to Supplier
Delivery Schedule
To
GRN
DN/CN
Rejection
Account Ledger
Payment Status
Supplier
ERP
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
ISSUES Faced by client…
Time Constraint For…
Acquiring Market Information
Huge Time Spent On...
Supplier Evaluation
Time Constraint For…
Retrieving Past Negotiations
Time Constraint For…
… And then
Creating & Maintaining Documentation
walked-in the AUDITOR…
Constraint For…
Sending RFQ to large vendor base
Constraint For…
Getting Structured Quotes
Time Constraint For…
Complex Calculation of Landed Cost
Time Constraint For…
Tracking Material Delivery
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Realization of possible adverse impact on Costs
Information Gaps
Lack of Transparency
Lack of competitive environment
Lack of time for Strategic actions
Delay in decision making
Absence of Standardization of processes
PROFIT
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
what were his needs?
A system which:
Is Technology Driven to facilitate seamless exchange of information and communication with
his suppliers globally
Brings complete Transparency in Decision making Process to meet Compliance needs
Is Innovative to take care of all administrative tasks including much needed documentation
Is offering instant analysis to formulate effective Negotiation strategies to Reduce Cost
Offers historical data with trail to meet Audit requirements
Is smart to send alerts for inactions of users
Works seamlessly with existing ERP
Most Importantly:
A system which is extremely SIMPLE and USER FRIENDLY & requires NO SUPPLIER TRAINING
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
What options did he evaluate?
ERPs….
Prominent Solutions in the market
Office Automation Suites
……
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Welcome To…
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
What made his life easy?
Vendx Modules: Pre-Order Process
Sample
Vendor Visit
Evaluation Module
Report Module
Vendor Portal Module
Sourcing Module
(Negotiation / Reverse Auction
Decision Authorization)
Vendx Modules: Post-Order Process
Vendx Delivery
Vendx GRN Data
Vendx Accounts Data
Tracking Module
Integration Module
Integration Module
Vendx: Other Module
Vendx MD’s Desk
Module
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
VENDX Value Delivery
To ‘The Top Management’:
• Cost Savings due to energized procurement process leading to Instant ROI
• Complete Accountability of every decision
• Central databank of Knowledge
• Legal Compliance
To ‘The Users’:
• Huge savings of time in Tedious Administrative Tasks
• Instant availability of Historical Information & Analysis
• Instant insight on Market Information
• Painless Audit Process
• Less stressful work environment
To ‘The IT’:
• Painless implementation & maintenance
•Seamless integration with your ERP / Legacy System
• Adoption of Best Practices
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
INSTANT ROI
Excerpts From - IIMM Conference - Mumbai
(INDIA – Emerging to Surging Economy - Supply Management Strategies for sustainable growth
18th & 19th Dec, 2009)
“There is no Future without E- Markets.”
- Dr. B. Mahadevan, Dean IIM – Bangalore
“Cost & Time Management determines the success or failure of an organization. Your best investment has to be in Technology.”
- Dr. D. B. Gupta - Chairman, Lupin Ltd
“Supply Chain determines the Competitive Edge. Efficiency in Procurement function is the Key Driver. Ideal technology selection is
dependent on how it Maps your organization landscape.”
- Mr. Ashok Sinha, MD, BPCL
“Constant improvement of Processes are very essential to build competitive edge. The Management Focus across the world is to
`Reduce Cost’. ”
- Mr.K.E.Ranganathan, Murugappa Group
“Innovation is the key to build competitive edge. Disruptive practices & effective cost management will be key drivers for Survival
& Growth.”
- Mr. B.V. Iyer - National President of IIMM
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Slide 7
VENDX
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Case Study of our Client
Procurement Process at Client End
Vendor
Assessment
Suppliers
ERP
Receiving Indent
Vendor Approval
Preliminary Vendor Selection
PURCHASING DECISION MAKING PROCESS
Negotiation
Comparison (Excel)
ERP
Floating RFQ
Receiving Quotes
To
From
Supplier
Supplier
To
Receiving Re-Quotes
Supplier
Final Comparison
Approval Chain
ERP
From
Placing Order
Supplier
ERP
ERP
Delivery Details
Info to Supplier
Delivery Schedule
To
GRN
DN/CN
Rejection
Account Ledger
Payment Status
Supplier
ERP
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
ISSUES Faced by client…
Time Constraint For…
Acquiring Market Information
Huge Time Spent On...
Supplier Evaluation
Time Constraint For…
Retrieving Past Negotiations
Time Constraint For…
… And then
Creating & Maintaining Documentation
walked-in the AUDITOR…
Constraint For…
Sending RFQ to large vendor base
Constraint For…
Getting Structured Quotes
Time Constraint For…
Complex Calculation of Landed Cost
Time Constraint For…
Tracking Material Delivery
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Realization of possible adverse impact on Costs
Information Gaps
Lack of Transparency
Lack of competitive environment
Lack of time for Strategic actions
Delay in decision making
Absence of Standardization of processes
PROFIT
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
what were his needs?
A system which:
Is Technology Driven to facilitate seamless exchange of information and communication with
his suppliers globally
Brings complete Transparency in Decision making Process to meet Compliance needs
Is Innovative to take care of all administrative tasks including much needed documentation
Is offering instant analysis to formulate effective Negotiation strategies to Reduce Cost
Offers historical data with trail to meet Audit requirements
Is smart to send alerts for inactions of users
Works seamlessly with existing ERP
Most Importantly:
A system which is extremely SIMPLE and USER FRIENDLY & requires NO SUPPLIER TRAINING
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
What options did he evaluate?
ERPs….
Prominent Solutions in the market
Office Automation Suites
……
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Welcome To…
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
What made his life easy?
Vendx Modules: Pre-Order Process
Sample
Vendor Visit
Evaluation Module
Report Module
Vendor Portal Module
Sourcing Module
(Negotiation / Reverse Auction
Decision Authorization)
Vendx Modules: Post-Order Process
Vendx Delivery
Vendx GRN Data
Vendx Accounts Data
Tracking Module
Integration Module
Integration Module
Vendx: Other Module
Vendx MD’s Desk
Module
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
VENDX Value Delivery
To ‘The Top Management’:
• Cost Savings due to energized procurement process leading to Instant ROI
• Complete Accountability of every decision
• Central databank of Knowledge
• Legal Compliance
To ‘The Users’:
• Huge savings of time in Tedious Administrative Tasks
• Instant availability of Historical Information & Analysis
• Instant insight on Market Information
• Painless Audit Process
• Less stressful work environment
To ‘The IT’:
• Painless implementation & maintenance
•Seamless integration with your ERP / Legacy System
• Adoption of Best Practices
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
INSTANT ROI
Excerpts From - IIMM Conference - Mumbai
(INDIA – Emerging to Surging Economy - Supply Management Strategies for sustainable growth
18th & 19th Dec, 2009)
“There is no Future without E- Markets.”
- Dr. B. Mahadevan, Dean IIM – Bangalore
“Cost & Time Management determines the success or failure of an organization. Your best investment has to be in Technology.”
- Dr. D. B. Gupta - Chairman, Lupin Ltd
“Supply Chain determines the Competitive Edge. Efficiency in Procurement function is the Key Driver. Ideal technology selection is
dependent on how it Maps your organization landscape.”
- Mr. Ashok Sinha, MD, BPCL
“Constant improvement of Processes are very essential to build competitive edge. The Management Focus across the world is to
`Reduce Cost’. ”
- Mr.K.E.Ranganathan, Murugappa Group
“Innovation is the key to build competitive edge. Disruptive practices & effective cost management will be key drivers for Survival
& Growth.”
- Mr. B.V. Iyer - National President of IIMM
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Slide 8
VENDX
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Case Study of our Client
Procurement Process at Client End
Vendor
Assessment
Suppliers
ERP
Receiving Indent
Vendor Approval
Preliminary Vendor Selection
PURCHASING DECISION MAKING PROCESS
Negotiation
Comparison (Excel)
ERP
Floating RFQ
Receiving Quotes
To
From
Supplier
Supplier
To
Receiving Re-Quotes
Supplier
Final Comparison
Approval Chain
ERP
From
Placing Order
Supplier
ERP
ERP
Delivery Details
Info to Supplier
Delivery Schedule
To
GRN
DN/CN
Rejection
Account Ledger
Payment Status
Supplier
ERP
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
ISSUES Faced by client…
Time Constraint For…
Acquiring Market Information
Huge Time Spent On...
Supplier Evaluation
Time Constraint For…
Retrieving Past Negotiations
Time Constraint For…
… And then
Creating & Maintaining Documentation
walked-in the AUDITOR…
Constraint For…
Sending RFQ to large vendor base
Constraint For…
Getting Structured Quotes
Time Constraint For…
Complex Calculation of Landed Cost
Time Constraint For…
Tracking Material Delivery
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Realization of possible adverse impact on Costs
Information Gaps
Lack of Transparency
Lack of competitive environment
Lack of time for Strategic actions
Delay in decision making
Absence of Standardization of processes
PROFIT
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
what were his needs?
A system which:
Is Technology Driven to facilitate seamless exchange of information and communication with
his suppliers globally
Brings complete Transparency in Decision making Process to meet Compliance needs
Is Innovative to take care of all administrative tasks including much needed documentation
Is offering instant analysis to formulate effective Negotiation strategies to Reduce Cost
Offers historical data with trail to meet Audit requirements
Is smart to send alerts for inactions of users
Works seamlessly with existing ERP
Most Importantly:
A system which is extremely SIMPLE and USER FRIENDLY & requires NO SUPPLIER TRAINING
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
What options did he evaluate?
ERPs….
Prominent Solutions in the market
Office Automation Suites
……
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Welcome To…
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
What made his life easy?
Vendx Modules: Pre-Order Process
Sample
Vendor Visit
Evaluation Module
Report Module
Vendor Portal Module
Sourcing Module
(Negotiation / Reverse Auction
Decision Authorization)
Vendx Modules: Post-Order Process
Vendx Delivery
Vendx GRN Data
Vendx Accounts Data
Tracking Module
Integration Module
Integration Module
Vendx: Other Module
Vendx MD’s Desk
Module
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
VENDX Value Delivery
To ‘The Top Management’:
• Cost Savings due to energized procurement process leading to Instant ROI
• Complete Accountability of every decision
• Central databank of Knowledge
• Legal Compliance
To ‘The Users’:
• Huge savings of time in Tedious Administrative Tasks
• Instant availability of Historical Information & Analysis
• Instant insight on Market Information
• Painless Audit Process
• Less stressful work environment
To ‘The IT’:
• Painless implementation & maintenance
•Seamless integration with your ERP / Legacy System
• Adoption of Best Practices
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
INSTANT ROI
Excerpts From - IIMM Conference - Mumbai
(INDIA – Emerging to Surging Economy - Supply Management Strategies for sustainable growth
18th & 19th Dec, 2009)
“There is no Future without E- Markets.”
- Dr. B. Mahadevan, Dean IIM – Bangalore
“Cost & Time Management determines the success or failure of an organization. Your best investment has to be in Technology.”
- Dr. D. B. Gupta - Chairman, Lupin Ltd
“Supply Chain determines the Competitive Edge. Efficiency in Procurement function is the Key Driver. Ideal technology selection is
dependent on how it Maps your organization landscape.”
- Mr. Ashok Sinha, MD, BPCL
“Constant improvement of Processes are very essential to build competitive edge. The Management Focus across the world is to
`Reduce Cost’. ”
- Mr.K.E.Ranganathan, Murugappa Group
“Innovation is the key to build competitive edge. Disruptive practices & effective cost management will be key drivers for Survival
& Growth.”
- Mr. B.V. Iyer - National President of IIMM
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Slide 9
VENDX
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Case Study of our Client
Procurement Process at Client End
Vendor
Assessment
Suppliers
ERP
Receiving Indent
Vendor Approval
Preliminary Vendor Selection
PURCHASING DECISION MAKING PROCESS
Negotiation
Comparison (Excel)
ERP
Floating RFQ
Receiving Quotes
To
From
Supplier
Supplier
To
Receiving Re-Quotes
Supplier
Final Comparison
Approval Chain
ERP
From
Placing Order
Supplier
ERP
ERP
Delivery Details
Info to Supplier
Delivery Schedule
To
GRN
DN/CN
Rejection
Account Ledger
Payment Status
Supplier
ERP
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
ISSUES Faced by client…
Time Constraint For…
Acquiring Market Information
Huge Time Spent On...
Supplier Evaluation
Time Constraint For…
Retrieving Past Negotiations
Time Constraint For…
… And then
Creating & Maintaining Documentation
walked-in the AUDITOR…
Constraint For…
Sending RFQ to large vendor base
Constraint For…
Getting Structured Quotes
Time Constraint For…
Complex Calculation of Landed Cost
Time Constraint For…
Tracking Material Delivery
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Realization of possible adverse impact on Costs
Information Gaps
Lack of Transparency
Lack of competitive environment
Lack of time for Strategic actions
Delay in decision making
Absence of Standardization of processes
PROFIT
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
what were his needs?
A system which:
Is Technology Driven to facilitate seamless exchange of information and communication with
his suppliers globally
Brings complete Transparency in Decision making Process to meet Compliance needs
Is Innovative to take care of all administrative tasks including much needed documentation
Is offering instant analysis to formulate effective Negotiation strategies to Reduce Cost
Offers historical data with trail to meet Audit requirements
Is smart to send alerts for inactions of users
Works seamlessly with existing ERP
Most Importantly:
A system which is extremely SIMPLE and USER FRIENDLY & requires NO SUPPLIER TRAINING
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
What options did he evaluate?
ERPs….
Prominent Solutions in the market
Office Automation Suites
……
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Welcome To…
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
What made his life easy?
Vendx Modules: Pre-Order Process
Sample
Vendor Visit
Evaluation Module
Report Module
Vendor Portal Module
Sourcing Module
(Negotiation / Reverse Auction
Decision Authorization)
Vendx Modules: Post-Order Process
Vendx Delivery
Vendx GRN Data
Vendx Accounts Data
Tracking Module
Integration Module
Integration Module
Vendx: Other Module
Vendx MD’s Desk
Module
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
VENDX Value Delivery
To ‘The Top Management’:
• Cost Savings due to energized procurement process leading to Instant ROI
• Complete Accountability of every decision
• Central databank of Knowledge
• Legal Compliance
To ‘The Users’:
• Huge savings of time in Tedious Administrative Tasks
• Instant availability of Historical Information & Analysis
• Instant insight on Market Information
• Painless Audit Process
• Less stressful work environment
To ‘The IT’:
• Painless implementation & maintenance
•Seamless integration with your ERP / Legacy System
• Adoption of Best Practices
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
INSTANT ROI
Excerpts From - IIMM Conference - Mumbai
(INDIA – Emerging to Surging Economy - Supply Management Strategies for sustainable growth
18th & 19th Dec, 2009)
“There is no Future without E- Markets.”
- Dr. B. Mahadevan, Dean IIM – Bangalore
“Cost & Time Management determines the success or failure of an organization. Your best investment has to be in Technology.”
- Dr. D. B. Gupta - Chairman, Lupin Ltd
“Supply Chain determines the Competitive Edge. Efficiency in Procurement function is the Key Driver. Ideal technology selection is
dependent on how it Maps your organization landscape.”
- Mr. Ashok Sinha, MD, BPCL
“Constant improvement of Processes are very essential to build competitive edge. The Management Focus across the world is to
`Reduce Cost’. ”
- Mr.K.E.Ranganathan, Murugappa Group
“Innovation is the key to build competitive edge. Disruptive practices & effective cost management will be key drivers for Survival
& Growth.”
- Mr. B.V. Iyer - National President of IIMM
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Slide 10
VENDX
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Case Study of our Client
Procurement Process at Client End
Vendor
Assessment
Suppliers
ERP
Receiving Indent
Vendor Approval
Preliminary Vendor Selection
PURCHASING DECISION MAKING PROCESS
Negotiation
Comparison (Excel)
ERP
Floating RFQ
Receiving Quotes
To
From
Supplier
Supplier
To
Receiving Re-Quotes
Supplier
Final Comparison
Approval Chain
ERP
From
Placing Order
Supplier
ERP
ERP
Delivery Details
Info to Supplier
Delivery Schedule
To
GRN
DN/CN
Rejection
Account Ledger
Payment Status
Supplier
ERP
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
ISSUES Faced by client…
Time Constraint For…
Acquiring Market Information
Huge Time Spent On...
Supplier Evaluation
Time Constraint For…
Retrieving Past Negotiations
Time Constraint For…
… And then
Creating & Maintaining Documentation
walked-in the AUDITOR…
Constraint For…
Sending RFQ to large vendor base
Constraint For…
Getting Structured Quotes
Time Constraint For…
Complex Calculation of Landed Cost
Time Constraint For…
Tracking Material Delivery
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Realization of possible adverse impact on Costs
Information Gaps
Lack of Transparency
Lack of competitive environment
Lack of time for Strategic actions
Delay in decision making
Absence of Standardization of processes
PROFIT
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
what were his needs?
A system which:
Is Technology Driven to facilitate seamless exchange of information and communication with
his suppliers globally
Brings complete Transparency in Decision making Process to meet Compliance needs
Is Innovative to take care of all administrative tasks including much needed documentation
Is offering instant analysis to formulate effective Negotiation strategies to Reduce Cost
Offers historical data with trail to meet Audit requirements
Is smart to send alerts for inactions of users
Works seamlessly with existing ERP
Most Importantly:
A system which is extremely SIMPLE and USER FRIENDLY & requires NO SUPPLIER TRAINING
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
What options did he evaluate?
ERPs….
Prominent Solutions in the market
Office Automation Suites
……
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Welcome To…
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
What made his life easy?
Vendx Modules: Pre-Order Process
Sample
Vendor Visit
Evaluation Module
Report Module
Vendor Portal Module
Sourcing Module
(Negotiation / Reverse Auction
Decision Authorization)
Vendx Modules: Post-Order Process
Vendx Delivery
Vendx GRN Data
Vendx Accounts Data
Tracking Module
Integration Module
Integration Module
Vendx: Other Module
Vendx MD’s Desk
Module
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
VENDX Value Delivery
To ‘The Top Management’:
• Cost Savings due to energized procurement process leading to Instant ROI
• Complete Accountability of every decision
• Central databank of Knowledge
• Legal Compliance
To ‘The Users’:
• Huge savings of time in Tedious Administrative Tasks
• Instant availability of Historical Information & Analysis
• Instant insight on Market Information
• Painless Audit Process
• Less stressful work environment
To ‘The IT’:
• Painless implementation & maintenance
•Seamless integration with your ERP / Legacy System
• Adoption of Best Practices
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
INSTANT ROI
Excerpts From - IIMM Conference - Mumbai
(INDIA – Emerging to Surging Economy - Supply Management Strategies for sustainable growth
18th & 19th Dec, 2009)
“There is no Future without E- Markets.”
- Dr. B. Mahadevan, Dean IIM – Bangalore
“Cost & Time Management determines the success or failure of an organization. Your best investment has to be in Technology.”
- Dr. D. B. Gupta - Chairman, Lupin Ltd
“Supply Chain determines the Competitive Edge. Efficiency in Procurement function is the Key Driver. Ideal technology selection is
dependent on how it Maps your organization landscape.”
- Mr. Ashok Sinha, MD, BPCL
“Constant improvement of Processes are very essential to build competitive edge. The Management Focus across the world is to
`Reduce Cost’. ”
- Mr.K.E.Ranganathan, Murugappa Group
“Innovation is the key to build competitive edge. Disruptive practices & effective cost management will be key drivers for Survival
& Growth.”
- Mr. B.V. Iyer - National President of IIMM
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
VENDX
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Case Study of our Client
Procurement Process at Client End
Vendor
Assessment
Suppliers
ERP
Receiving Indent
Vendor Approval
Preliminary Vendor Selection
PURCHASING DECISION MAKING PROCESS
Negotiation
Comparison (Excel)
ERP
Floating RFQ
Receiving Quotes
To
From
Supplier
Supplier
To
Receiving Re-Quotes
Supplier
Final Comparison
Approval Chain
ERP
From
Placing Order
Supplier
ERP
ERP
Delivery Details
Info to Supplier
Delivery Schedule
To
GRN
DN/CN
Rejection
Account Ledger
Payment Status
Supplier
ERP
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
ISSUES Faced by client…
Time Constraint For…
Acquiring Market Information
Huge Time Spent On...
Supplier Evaluation
Time Constraint For…
Retrieving Past Negotiations
Time Constraint For…
… And then
Creating & Maintaining Documentation
walked-in the AUDITOR…
Constraint For…
Sending RFQ to large vendor base
Constraint For…
Getting Structured Quotes
Time Constraint For…
Complex Calculation of Landed Cost
Time Constraint For…
Tracking Material Delivery
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Realization of possible adverse impact on Costs
Information Gaps
Lack of Transparency
Lack of competitive environment
Lack of time for Strategic actions
Delay in decision making
Absence of Standardization of processes
PROFIT
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
what were his needs?
A system which:
Is Technology Driven to facilitate seamless exchange of information and communication with
his suppliers globally
Brings complete Transparency in Decision making Process to meet Compliance needs
Is Innovative to take care of all administrative tasks including much needed documentation
Is offering instant analysis to formulate effective Negotiation strategies to Reduce Cost
Offers historical data with trail to meet Audit requirements
Is smart to send alerts for inactions of users
Works seamlessly with existing ERP
Most Importantly:
A system which is extremely SIMPLE and USER FRIENDLY & requires NO SUPPLIER TRAINING
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
What options did he evaluate?
ERPs….
Prominent Solutions in the market
Office Automation Suites
……
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Welcome To…
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
What made his life easy?
Vendx Modules: Pre-Order Process
Sample
Vendor Visit
Evaluation Module
Report Module
Vendor Portal Module
Sourcing Module
(Negotiation / Reverse Auction
Decision Authorization)
Vendx Modules: Post-Order Process
Vendx Delivery
Vendx GRN Data
Vendx Accounts Data
Tracking Module
Integration Module
Integration Module
Vendx: Other Module
Vendx MD’s Desk
Module
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
VENDX Value Delivery
To ‘The Top Management’:
• Cost Savings due to energized procurement process leading to Instant ROI
• Complete Accountability of every decision
• Central databank of Knowledge
• Legal Compliance
To ‘The Users’:
• Huge savings of time in Tedious Administrative Tasks
• Instant availability of Historical Information & Analysis
• Instant insight on Market Information
• Painless Audit Process
• Less stressful work environment
To ‘The IT’:
• Painless implementation & maintenance
•Seamless integration with your ERP / Legacy System
• Adoption of Best Practices
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
INSTANT ROI
Excerpts From - IIMM Conference - Mumbai
(INDIA – Emerging to Surging Economy - Supply Management Strategies for sustainable growth
18th & 19th Dec, 2009)
“There is no Future without E- Markets.”
- Dr. B. Mahadevan, Dean IIM – Bangalore
“Cost & Time Management determines the success or failure of an organization. Your best investment has to be in Technology.”
- Dr. D. B. Gupta - Chairman, Lupin Ltd
“Supply Chain determines the Competitive Edge. Efficiency in Procurement function is the Key Driver. Ideal technology selection is
dependent on how it Maps your organization landscape.”
- Mr. Ashok Sinha, MD, BPCL
“Constant improvement of Processes are very essential to build competitive edge. The Management Focus across the world is to
`Reduce Cost’. ”
- Mr.K.E.Ranganathan, Murugappa Group
“Innovation is the key to build competitive edge. Disruptive practices & effective cost management will be key drivers for Survival
& Growth.”
- Mr. B.V. Iyer - National President of IIMM
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Slide 2
VENDX
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Case Study of our Client
Procurement Process at Client End
Vendor
Assessment
Suppliers
ERP
Receiving Indent
Vendor Approval
Preliminary Vendor Selection
PURCHASING DECISION MAKING PROCESS
Negotiation
Comparison (Excel)
ERP
Floating RFQ
Receiving Quotes
To
From
Supplier
Supplier
To
Receiving Re-Quotes
Supplier
Final Comparison
Approval Chain
ERP
From
Placing Order
Supplier
ERP
ERP
Delivery Details
Info to Supplier
Delivery Schedule
To
GRN
DN/CN
Rejection
Account Ledger
Payment Status
Supplier
ERP
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
ISSUES Faced by client…
Time Constraint For…
Acquiring Market Information
Huge Time Spent On...
Supplier Evaluation
Time Constraint For…
Retrieving Past Negotiations
Time Constraint For…
… And then
Creating & Maintaining Documentation
walked-in the AUDITOR…
Constraint For…
Sending RFQ to large vendor base
Constraint For…
Getting Structured Quotes
Time Constraint For…
Complex Calculation of Landed Cost
Time Constraint For…
Tracking Material Delivery
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Realization of possible adverse impact on Costs
Information Gaps
Lack of Transparency
Lack of competitive environment
Lack of time for Strategic actions
Delay in decision making
Absence of Standardization of processes
PROFIT
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
what were his needs?
A system which:
Is Technology Driven to facilitate seamless exchange of information and communication with
his suppliers globally
Brings complete Transparency in Decision making Process to meet Compliance needs
Is Innovative to take care of all administrative tasks including much needed documentation
Is offering instant analysis to formulate effective Negotiation strategies to Reduce Cost
Offers historical data with trail to meet Audit requirements
Is smart to send alerts for inactions of users
Works seamlessly with existing ERP
Most Importantly:
A system which is extremely SIMPLE and USER FRIENDLY & requires NO SUPPLIER TRAINING
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
What options did he evaluate?
ERPs….
Prominent Solutions in the market
Office Automation Suites
……
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Welcome To…
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
What made his life easy?
Vendx Modules: Pre-Order Process
Sample
Vendor Visit
Evaluation Module
Report Module
Vendor Portal Module
Sourcing Module
(Negotiation / Reverse Auction
Decision Authorization)
Vendx Modules: Post-Order Process
Vendx Delivery
Vendx GRN Data
Vendx Accounts Data
Tracking Module
Integration Module
Integration Module
Vendx: Other Module
Vendx MD’s Desk
Module
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
VENDX Value Delivery
To ‘The Top Management’:
• Cost Savings due to energized procurement process leading to Instant ROI
• Complete Accountability of every decision
• Central databank of Knowledge
• Legal Compliance
To ‘The Users’:
• Huge savings of time in Tedious Administrative Tasks
• Instant availability of Historical Information & Analysis
• Instant insight on Market Information
• Painless Audit Process
• Less stressful work environment
To ‘The IT’:
• Painless implementation & maintenance
•Seamless integration with your ERP / Legacy System
• Adoption of Best Practices
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
INSTANT ROI
Excerpts From - IIMM Conference - Mumbai
(INDIA – Emerging to Surging Economy - Supply Management Strategies for sustainable growth
18th & 19th Dec, 2009)
“There is no Future without E- Markets.”
- Dr. B. Mahadevan, Dean IIM – Bangalore
“Cost & Time Management determines the success or failure of an organization. Your best investment has to be in Technology.”
- Dr. D. B. Gupta - Chairman, Lupin Ltd
“Supply Chain determines the Competitive Edge. Efficiency in Procurement function is the Key Driver. Ideal technology selection is
dependent on how it Maps your organization landscape.”
- Mr. Ashok Sinha, MD, BPCL
“Constant improvement of Processes are very essential to build competitive edge. The Management Focus across the world is to
`Reduce Cost’. ”
- Mr.K.E.Ranganathan, Murugappa Group
“Innovation is the key to build competitive edge. Disruptive practices & effective cost management will be key drivers for Survival
& Growth.”
- Mr. B.V. Iyer - National President of IIMM
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Slide 3
VENDX
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Case Study of our Client
Procurement Process at Client End
Vendor
Assessment
Suppliers
ERP
Receiving Indent
Vendor Approval
Preliminary Vendor Selection
PURCHASING DECISION MAKING PROCESS
Negotiation
Comparison (Excel)
ERP
Floating RFQ
Receiving Quotes
To
From
Supplier
Supplier
To
Receiving Re-Quotes
Supplier
Final Comparison
Approval Chain
ERP
From
Placing Order
Supplier
ERP
ERP
Delivery Details
Info to Supplier
Delivery Schedule
To
GRN
DN/CN
Rejection
Account Ledger
Payment Status
Supplier
ERP
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
ISSUES Faced by client…
Time Constraint For…
Acquiring Market Information
Huge Time Spent On...
Supplier Evaluation
Time Constraint For…
Retrieving Past Negotiations
Time Constraint For…
… And then
Creating & Maintaining Documentation
walked-in the AUDITOR…
Constraint For…
Sending RFQ to large vendor base
Constraint For…
Getting Structured Quotes
Time Constraint For…
Complex Calculation of Landed Cost
Time Constraint For…
Tracking Material Delivery
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Realization of possible adverse impact on Costs
Information Gaps
Lack of Transparency
Lack of competitive environment
Lack of time for Strategic actions
Delay in decision making
Absence of Standardization of processes
PROFIT
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
what were his needs?
A system which:
Is Technology Driven to facilitate seamless exchange of information and communication with
his suppliers globally
Brings complete Transparency in Decision making Process to meet Compliance needs
Is Innovative to take care of all administrative tasks including much needed documentation
Is offering instant analysis to formulate effective Negotiation strategies to Reduce Cost
Offers historical data with trail to meet Audit requirements
Is smart to send alerts for inactions of users
Works seamlessly with existing ERP
Most Importantly:
A system which is extremely SIMPLE and USER FRIENDLY & requires NO SUPPLIER TRAINING
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
What options did he evaluate?
ERPs….
Prominent Solutions in the market
Office Automation Suites
……
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Welcome To…
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
What made his life easy?
Vendx Modules: Pre-Order Process
Sample
Vendor Visit
Evaluation Module
Report Module
Vendor Portal Module
Sourcing Module
(Negotiation / Reverse Auction
Decision Authorization)
Vendx Modules: Post-Order Process
Vendx Delivery
Vendx GRN Data
Vendx Accounts Data
Tracking Module
Integration Module
Integration Module
Vendx: Other Module
Vendx MD’s Desk
Module
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
VENDX Value Delivery
To ‘The Top Management’:
• Cost Savings due to energized procurement process leading to Instant ROI
• Complete Accountability of every decision
• Central databank of Knowledge
• Legal Compliance
To ‘The Users’:
• Huge savings of time in Tedious Administrative Tasks
• Instant availability of Historical Information & Analysis
• Instant insight on Market Information
• Painless Audit Process
• Less stressful work environment
To ‘The IT’:
• Painless implementation & maintenance
•Seamless integration with your ERP / Legacy System
• Adoption of Best Practices
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
INSTANT ROI
Excerpts From - IIMM Conference - Mumbai
(INDIA – Emerging to Surging Economy - Supply Management Strategies for sustainable growth
18th & 19th Dec, 2009)
“There is no Future without E- Markets.”
- Dr. B. Mahadevan, Dean IIM – Bangalore
“Cost & Time Management determines the success or failure of an organization. Your best investment has to be in Technology.”
- Dr. D. B. Gupta - Chairman, Lupin Ltd
“Supply Chain determines the Competitive Edge. Efficiency in Procurement function is the Key Driver. Ideal technology selection is
dependent on how it Maps your organization landscape.”
- Mr. Ashok Sinha, MD, BPCL
“Constant improvement of Processes are very essential to build competitive edge. The Management Focus across the world is to
`Reduce Cost’. ”
- Mr.K.E.Ranganathan, Murugappa Group
“Innovation is the key to build competitive edge. Disruptive practices & effective cost management will be key drivers for Survival
& Growth.”
- Mr. B.V. Iyer - National President of IIMM
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Slide 4
VENDX
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Case Study of our Client
Procurement Process at Client End
Vendor
Assessment
Suppliers
ERP
Receiving Indent
Vendor Approval
Preliminary Vendor Selection
PURCHASING DECISION MAKING PROCESS
Negotiation
Comparison (Excel)
ERP
Floating RFQ
Receiving Quotes
To
From
Supplier
Supplier
To
Receiving Re-Quotes
Supplier
Final Comparison
Approval Chain
ERP
From
Placing Order
Supplier
ERP
ERP
Delivery Details
Info to Supplier
Delivery Schedule
To
GRN
DN/CN
Rejection
Account Ledger
Payment Status
Supplier
ERP
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
ISSUES Faced by client…
Time Constraint For…
Acquiring Market Information
Huge Time Spent On...
Supplier Evaluation
Time Constraint For…
Retrieving Past Negotiations
Time Constraint For…
… And then
Creating & Maintaining Documentation
walked-in the AUDITOR…
Constraint For…
Sending RFQ to large vendor base
Constraint For…
Getting Structured Quotes
Time Constraint For…
Complex Calculation of Landed Cost
Time Constraint For…
Tracking Material Delivery
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Realization of possible adverse impact on Costs
Information Gaps
Lack of Transparency
Lack of competitive environment
Lack of time for Strategic actions
Delay in decision making
Absence of Standardization of processes
PROFIT
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
what were his needs?
A system which:
Is Technology Driven to facilitate seamless exchange of information and communication with
his suppliers globally
Brings complete Transparency in Decision making Process to meet Compliance needs
Is Innovative to take care of all administrative tasks including much needed documentation
Is offering instant analysis to formulate effective Negotiation strategies to Reduce Cost
Offers historical data with trail to meet Audit requirements
Is smart to send alerts for inactions of users
Works seamlessly with existing ERP
Most Importantly:
A system which is extremely SIMPLE and USER FRIENDLY & requires NO SUPPLIER TRAINING
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
What options did he evaluate?
ERPs….
Prominent Solutions in the market
Office Automation Suites
……
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Welcome To…
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
What made his life easy?
Vendx Modules: Pre-Order Process
Sample
Vendor Visit
Evaluation Module
Report Module
Vendor Portal Module
Sourcing Module
(Negotiation / Reverse Auction
Decision Authorization)
Vendx Modules: Post-Order Process
Vendx Delivery
Vendx GRN Data
Vendx Accounts Data
Tracking Module
Integration Module
Integration Module
Vendx: Other Module
Vendx MD’s Desk
Module
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
VENDX Value Delivery
To ‘The Top Management’:
• Cost Savings due to energized procurement process leading to Instant ROI
• Complete Accountability of every decision
• Central databank of Knowledge
• Legal Compliance
To ‘The Users’:
• Huge savings of time in Tedious Administrative Tasks
• Instant availability of Historical Information & Analysis
• Instant insight on Market Information
• Painless Audit Process
• Less stressful work environment
To ‘The IT’:
• Painless implementation & maintenance
•Seamless integration with your ERP / Legacy System
• Adoption of Best Practices
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
INSTANT ROI
Excerpts From - IIMM Conference - Mumbai
(INDIA – Emerging to Surging Economy - Supply Management Strategies for sustainable growth
18th & 19th Dec, 2009)
“There is no Future without E- Markets.”
- Dr. B. Mahadevan, Dean IIM – Bangalore
“Cost & Time Management determines the success or failure of an organization. Your best investment has to be in Technology.”
- Dr. D. B. Gupta - Chairman, Lupin Ltd
“Supply Chain determines the Competitive Edge. Efficiency in Procurement function is the Key Driver. Ideal technology selection is
dependent on how it Maps your organization landscape.”
- Mr. Ashok Sinha, MD, BPCL
“Constant improvement of Processes are very essential to build competitive edge. The Management Focus across the world is to
`Reduce Cost’. ”
- Mr.K.E.Ranganathan, Murugappa Group
“Innovation is the key to build competitive edge. Disruptive practices & effective cost management will be key drivers for Survival
& Growth.”
- Mr. B.V. Iyer - National President of IIMM
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Slide 5
VENDX
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Case Study of our Client
Procurement Process at Client End
Vendor
Assessment
Suppliers
ERP
Receiving Indent
Vendor Approval
Preliminary Vendor Selection
PURCHASING DECISION MAKING PROCESS
Negotiation
Comparison (Excel)
ERP
Floating RFQ
Receiving Quotes
To
From
Supplier
Supplier
To
Receiving Re-Quotes
Supplier
Final Comparison
Approval Chain
ERP
From
Placing Order
Supplier
ERP
ERP
Delivery Details
Info to Supplier
Delivery Schedule
To
GRN
DN/CN
Rejection
Account Ledger
Payment Status
Supplier
ERP
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
ISSUES Faced by client…
Time Constraint For…
Acquiring Market Information
Huge Time Spent On...
Supplier Evaluation
Time Constraint For…
Retrieving Past Negotiations
Time Constraint For…
… And then
Creating & Maintaining Documentation
walked-in the AUDITOR…
Constraint For…
Sending RFQ to large vendor base
Constraint For…
Getting Structured Quotes
Time Constraint For…
Complex Calculation of Landed Cost
Time Constraint For…
Tracking Material Delivery
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Realization of possible adverse impact on Costs
Information Gaps
Lack of Transparency
Lack of competitive environment
Lack of time for Strategic actions
Delay in decision making
Absence of Standardization of processes
PROFIT
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
what were his needs?
A system which:
Is Technology Driven to facilitate seamless exchange of information and communication with
his suppliers globally
Brings complete Transparency in Decision making Process to meet Compliance needs
Is Innovative to take care of all administrative tasks including much needed documentation
Is offering instant analysis to formulate effective Negotiation strategies to Reduce Cost
Offers historical data with trail to meet Audit requirements
Is smart to send alerts for inactions of users
Works seamlessly with existing ERP
Most Importantly:
A system which is extremely SIMPLE and USER FRIENDLY & requires NO SUPPLIER TRAINING
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
What options did he evaluate?
ERPs….
Prominent Solutions in the market
Office Automation Suites
……
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Welcome To…
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
What made his life easy?
Vendx Modules: Pre-Order Process
Sample
Vendor Visit
Evaluation Module
Report Module
Vendor Portal Module
Sourcing Module
(Negotiation / Reverse Auction
Decision Authorization)
Vendx Modules: Post-Order Process
Vendx Delivery
Vendx GRN Data
Vendx Accounts Data
Tracking Module
Integration Module
Integration Module
Vendx: Other Module
Vendx MD’s Desk
Module
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
VENDX Value Delivery
To ‘The Top Management’:
• Cost Savings due to energized procurement process leading to Instant ROI
• Complete Accountability of every decision
• Central databank of Knowledge
• Legal Compliance
To ‘The Users’:
• Huge savings of time in Tedious Administrative Tasks
• Instant availability of Historical Information & Analysis
• Instant insight on Market Information
• Painless Audit Process
• Less stressful work environment
To ‘The IT’:
• Painless implementation & maintenance
•Seamless integration with your ERP / Legacy System
• Adoption of Best Practices
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
INSTANT ROI
Excerpts From - IIMM Conference - Mumbai
(INDIA – Emerging to Surging Economy - Supply Management Strategies for sustainable growth
18th & 19th Dec, 2009)
“There is no Future without E- Markets.”
- Dr. B. Mahadevan, Dean IIM – Bangalore
“Cost & Time Management determines the success or failure of an organization. Your best investment has to be in Technology.”
- Dr. D. B. Gupta - Chairman, Lupin Ltd
“Supply Chain determines the Competitive Edge. Efficiency in Procurement function is the Key Driver. Ideal technology selection is
dependent on how it Maps your organization landscape.”
- Mr. Ashok Sinha, MD, BPCL
“Constant improvement of Processes are very essential to build competitive edge. The Management Focus across the world is to
`Reduce Cost’. ”
- Mr.K.E.Ranganathan, Murugappa Group
“Innovation is the key to build competitive edge. Disruptive practices & effective cost management will be key drivers for Survival
& Growth.”
- Mr. B.V. Iyer - National President of IIMM
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Slide 6
VENDX
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Case Study of our Client
Procurement Process at Client End
Vendor
Assessment
Suppliers
ERP
Receiving Indent
Vendor Approval
Preliminary Vendor Selection
PURCHASING DECISION MAKING PROCESS
Negotiation
Comparison (Excel)
ERP
Floating RFQ
Receiving Quotes
To
From
Supplier
Supplier
To
Receiving Re-Quotes
Supplier
Final Comparison
Approval Chain
ERP
From
Placing Order
Supplier
ERP
ERP
Delivery Details
Info to Supplier
Delivery Schedule
To
GRN
DN/CN
Rejection
Account Ledger
Payment Status
Supplier
ERP
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
ISSUES Faced by client…
Time Constraint For…
Acquiring Market Information
Huge Time Spent On...
Supplier Evaluation
Time Constraint For…
Retrieving Past Negotiations
Time Constraint For…
… And then
Creating & Maintaining Documentation
walked-in the AUDITOR…
Constraint For…
Sending RFQ to large vendor base
Constraint For…
Getting Structured Quotes
Time Constraint For…
Complex Calculation of Landed Cost
Time Constraint For…
Tracking Material Delivery
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Realization of possible adverse impact on Costs
Information Gaps
Lack of Transparency
Lack of competitive environment
Lack of time for Strategic actions
Delay in decision making
Absence of Standardization of processes
PROFIT
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
what were his needs?
A system which:
Is Technology Driven to facilitate seamless exchange of information and communication with
his suppliers globally
Brings complete Transparency in Decision making Process to meet Compliance needs
Is Innovative to take care of all administrative tasks including much needed documentation
Is offering instant analysis to formulate effective Negotiation strategies to Reduce Cost
Offers historical data with trail to meet Audit requirements
Is smart to send alerts for inactions of users
Works seamlessly with existing ERP
Most Importantly:
A system which is extremely SIMPLE and USER FRIENDLY & requires NO SUPPLIER TRAINING
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
What options did he evaluate?
ERPs….
Prominent Solutions in the market
Office Automation Suites
……
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Welcome To…
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
What made his life easy?
Vendx Modules: Pre-Order Process
Sample
Vendor Visit
Evaluation Module
Report Module
Vendor Portal Module
Sourcing Module
(Negotiation / Reverse Auction
Decision Authorization)
Vendx Modules: Post-Order Process
Vendx Delivery
Vendx GRN Data
Vendx Accounts Data
Tracking Module
Integration Module
Integration Module
Vendx: Other Module
Vendx MD’s Desk
Module
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
VENDX Value Delivery
To ‘The Top Management’:
• Cost Savings due to energized procurement process leading to Instant ROI
• Complete Accountability of every decision
• Central databank of Knowledge
• Legal Compliance
To ‘The Users’:
• Huge savings of time in Tedious Administrative Tasks
• Instant availability of Historical Information & Analysis
• Instant insight on Market Information
• Painless Audit Process
• Less stressful work environment
To ‘The IT’:
• Painless implementation & maintenance
•Seamless integration with your ERP / Legacy System
• Adoption of Best Practices
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
INSTANT ROI
Excerpts From - IIMM Conference - Mumbai
(INDIA – Emerging to Surging Economy - Supply Management Strategies for sustainable growth
18th & 19th Dec, 2009)
“There is no Future without E- Markets.”
- Dr. B. Mahadevan, Dean IIM – Bangalore
“Cost & Time Management determines the success or failure of an organization. Your best investment has to be in Technology.”
- Dr. D. B. Gupta - Chairman, Lupin Ltd
“Supply Chain determines the Competitive Edge. Efficiency in Procurement function is the Key Driver. Ideal technology selection is
dependent on how it Maps your organization landscape.”
- Mr. Ashok Sinha, MD, BPCL
“Constant improvement of Processes are very essential to build competitive edge. The Management Focus across the world is to
`Reduce Cost’. ”
- Mr.K.E.Ranganathan, Murugappa Group
“Innovation is the key to build competitive edge. Disruptive practices & effective cost management will be key drivers for Survival
& Growth.”
- Mr. B.V. Iyer - National President of IIMM
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Slide 7
VENDX
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Case Study of our Client
Procurement Process at Client End
Vendor
Assessment
Suppliers
ERP
Receiving Indent
Vendor Approval
Preliminary Vendor Selection
PURCHASING DECISION MAKING PROCESS
Negotiation
Comparison (Excel)
ERP
Floating RFQ
Receiving Quotes
To
From
Supplier
Supplier
To
Receiving Re-Quotes
Supplier
Final Comparison
Approval Chain
ERP
From
Placing Order
Supplier
ERP
ERP
Delivery Details
Info to Supplier
Delivery Schedule
To
GRN
DN/CN
Rejection
Account Ledger
Payment Status
Supplier
ERP
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
ISSUES Faced by client…
Time Constraint For…
Acquiring Market Information
Huge Time Spent On...
Supplier Evaluation
Time Constraint For…
Retrieving Past Negotiations
Time Constraint For…
… And then
Creating & Maintaining Documentation
walked-in the AUDITOR…
Constraint For…
Sending RFQ to large vendor base
Constraint For…
Getting Structured Quotes
Time Constraint For…
Complex Calculation of Landed Cost
Time Constraint For…
Tracking Material Delivery
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Realization of possible adverse impact on Costs
Information Gaps
Lack of Transparency
Lack of competitive environment
Lack of time for Strategic actions
Delay in decision making
Absence of Standardization of processes
PROFIT
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
what were his needs?
A system which:
Is Technology Driven to facilitate seamless exchange of information and communication with
his suppliers globally
Brings complete Transparency in Decision making Process to meet Compliance needs
Is Innovative to take care of all administrative tasks including much needed documentation
Is offering instant analysis to formulate effective Negotiation strategies to Reduce Cost
Offers historical data with trail to meet Audit requirements
Is smart to send alerts for inactions of users
Works seamlessly with existing ERP
Most Importantly:
A system which is extremely SIMPLE and USER FRIENDLY & requires NO SUPPLIER TRAINING
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
What options did he evaluate?
ERPs….
Prominent Solutions in the market
Office Automation Suites
……
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Welcome To…
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
What made his life easy?
Vendx Modules: Pre-Order Process
Sample
Vendor Visit
Evaluation Module
Report Module
Vendor Portal Module
Sourcing Module
(Negotiation / Reverse Auction
Decision Authorization)
Vendx Modules: Post-Order Process
Vendx Delivery
Vendx GRN Data
Vendx Accounts Data
Tracking Module
Integration Module
Integration Module
Vendx: Other Module
Vendx MD’s Desk
Module
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
VENDX Value Delivery
To ‘The Top Management’:
• Cost Savings due to energized procurement process leading to Instant ROI
• Complete Accountability of every decision
• Central databank of Knowledge
• Legal Compliance
To ‘The Users’:
• Huge savings of time in Tedious Administrative Tasks
• Instant availability of Historical Information & Analysis
• Instant insight on Market Information
• Painless Audit Process
• Less stressful work environment
To ‘The IT’:
• Painless implementation & maintenance
•Seamless integration with your ERP / Legacy System
• Adoption of Best Practices
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
INSTANT ROI
Excerpts From - IIMM Conference - Mumbai
(INDIA – Emerging to Surging Economy - Supply Management Strategies for sustainable growth
18th & 19th Dec, 2009)
“There is no Future without E- Markets.”
- Dr. B. Mahadevan, Dean IIM – Bangalore
“Cost & Time Management determines the success or failure of an organization. Your best investment has to be in Technology.”
- Dr. D. B. Gupta - Chairman, Lupin Ltd
“Supply Chain determines the Competitive Edge. Efficiency in Procurement function is the Key Driver. Ideal technology selection is
dependent on how it Maps your organization landscape.”
- Mr. Ashok Sinha, MD, BPCL
“Constant improvement of Processes are very essential to build competitive edge. The Management Focus across the world is to
`Reduce Cost’. ”
- Mr.K.E.Ranganathan, Murugappa Group
“Innovation is the key to build competitive edge. Disruptive practices & effective cost management will be key drivers for Survival
& Growth.”
- Mr. B.V. Iyer - National President of IIMM
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Slide 8
VENDX
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Case Study of our Client
Procurement Process at Client End
Vendor
Assessment
Suppliers
ERP
Receiving Indent
Vendor Approval
Preliminary Vendor Selection
PURCHASING DECISION MAKING PROCESS
Negotiation
Comparison (Excel)
ERP
Floating RFQ
Receiving Quotes
To
From
Supplier
Supplier
To
Receiving Re-Quotes
Supplier
Final Comparison
Approval Chain
ERP
From
Placing Order
Supplier
ERP
ERP
Delivery Details
Info to Supplier
Delivery Schedule
To
GRN
DN/CN
Rejection
Account Ledger
Payment Status
Supplier
ERP
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
ISSUES Faced by client…
Time Constraint For…
Acquiring Market Information
Huge Time Spent On...
Supplier Evaluation
Time Constraint For…
Retrieving Past Negotiations
Time Constraint For…
… And then
Creating & Maintaining Documentation
walked-in the AUDITOR…
Constraint For…
Sending RFQ to large vendor base
Constraint For…
Getting Structured Quotes
Time Constraint For…
Complex Calculation of Landed Cost
Time Constraint For…
Tracking Material Delivery
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Realization of possible adverse impact on Costs
Information Gaps
Lack of Transparency
Lack of competitive environment
Lack of time for Strategic actions
Delay in decision making
Absence of Standardization of processes
PROFIT
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
what were his needs?
A system which:
Is Technology Driven to facilitate seamless exchange of information and communication with
his suppliers globally
Brings complete Transparency in Decision making Process to meet Compliance needs
Is Innovative to take care of all administrative tasks including much needed documentation
Is offering instant analysis to formulate effective Negotiation strategies to Reduce Cost
Offers historical data with trail to meet Audit requirements
Is smart to send alerts for inactions of users
Works seamlessly with existing ERP
Most Importantly:
A system which is extremely SIMPLE and USER FRIENDLY & requires NO SUPPLIER TRAINING
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
What options did he evaluate?
ERPs….
Prominent Solutions in the market
Office Automation Suites
……
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Welcome To…
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
What made his life easy?
Vendx Modules: Pre-Order Process
Sample
Vendor Visit
Evaluation Module
Report Module
Vendor Portal Module
Sourcing Module
(Negotiation / Reverse Auction
Decision Authorization)
Vendx Modules: Post-Order Process
Vendx Delivery
Vendx GRN Data
Vendx Accounts Data
Tracking Module
Integration Module
Integration Module
Vendx: Other Module
Vendx MD’s Desk
Module
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
VENDX Value Delivery
To ‘The Top Management’:
• Cost Savings due to energized procurement process leading to Instant ROI
• Complete Accountability of every decision
• Central databank of Knowledge
• Legal Compliance
To ‘The Users’:
• Huge savings of time in Tedious Administrative Tasks
• Instant availability of Historical Information & Analysis
• Instant insight on Market Information
• Painless Audit Process
• Less stressful work environment
To ‘The IT’:
• Painless implementation & maintenance
•Seamless integration with your ERP / Legacy System
• Adoption of Best Practices
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
INSTANT ROI
Excerpts From - IIMM Conference - Mumbai
(INDIA – Emerging to Surging Economy - Supply Management Strategies for sustainable growth
18th & 19th Dec, 2009)
“There is no Future without E- Markets.”
- Dr. B. Mahadevan, Dean IIM – Bangalore
“Cost & Time Management determines the success or failure of an organization. Your best investment has to be in Technology.”
- Dr. D. B. Gupta - Chairman, Lupin Ltd
“Supply Chain determines the Competitive Edge. Efficiency in Procurement function is the Key Driver. Ideal technology selection is
dependent on how it Maps your organization landscape.”
- Mr. Ashok Sinha, MD, BPCL
“Constant improvement of Processes are very essential to build competitive edge. The Management Focus across the world is to
`Reduce Cost’. ”
- Mr.K.E.Ranganathan, Murugappa Group
“Innovation is the key to build competitive edge. Disruptive practices & effective cost management will be key drivers for Survival
& Growth.”
- Mr. B.V. Iyer - National President of IIMM
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Slide 9
VENDX
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Case Study of our Client
Procurement Process at Client End
Vendor
Assessment
Suppliers
ERP
Receiving Indent
Vendor Approval
Preliminary Vendor Selection
PURCHASING DECISION MAKING PROCESS
Negotiation
Comparison (Excel)
ERP
Floating RFQ
Receiving Quotes
To
From
Supplier
Supplier
To
Receiving Re-Quotes
Supplier
Final Comparison
Approval Chain
ERP
From
Placing Order
Supplier
ERP
ERP
Delivery Details
Info to Supplier
Delivery Schedule
To
GRN
DN/CN
Rejection
Account Ledger
Payment Status
Supplier
ERP
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
ISSUES Faced by client…
Time Constraint For…
Acquiring Market Information
Huge Time Spent On...
Supplier Evaluation
Time Constraint For…
Retrieving Past Negotiations
Time Constraint For…
… And then
Creating & Maintaining Documentation
walked-in the AUDITOR…
Constraint For…
Sending RFQ to large vendor base
Constraint For…
Getting Structured Quotes
Time Constraint For…
Complex Calculation of Landed Cost
Time Constraint For…
Tracking Material Delivery
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Realization of possible adverse impact on Costs
Information Gaps
Lack of Transparency
Lack of competitive environment
Lack of time for Strategic actions
Delay in decision making
Absence of Standardization of processes
PROFIT
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
what were his needs?
A system which:
Is Technology Driven to facilitate seamless exchange of information and communication with
his suppliers globally
Brings complete Transparency in Decision making Process to meet Compliance needs
Is Innovative to take care of all administrative tasks including much needed documentation
Is offering instant analysis to formulate effective Negotiation strategies to Reduce Cost
Offers historical data with trail to meet Audit requirements
Is smart to send alerts for inactions of users
Works seamlessly with existing ERP
Most Importantly:
A system which is extremely SIMPLE and USER FRIENDLY & requires NO SUPPLIER TRAINING
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
What options did he evaluate?
ERPs….
Prominent Solutions in the market
Office Automation Suites
……
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Welcome To…
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
What made his life easy?
Vendx Modules: Pre-Order Process
Sample
Vendor Visit
Evaluation Module
Report Module
Vendor Portal Module
Sourcing Module
(Negotiation / Reverse Auction
Decision Authorization)
Vendx Modules: Post-Order Process
Vendx Delivery
Vendx GRN Data
Vendx Accounts Data
Tracking Module
Integration Module
Integration Module
Vendx: Other Module
Vendx MD’s Desk
Module
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
VENDX Value Delivery
To ‘The Top Management’:
• Cost Savings due to energized procurement process leading to Instant ROI
• Complete Accountability of every decision
• Central databank of Knowledge
• Legal Compliance
To ‘The Users’:
• Huge savings of time in Tedious Administrative Tasks
• Instant availability of Historical Information & Analysis
• Instant insight on Market Information
• Painless Audit Process
• Less stressful work environment
To ‘The IT’:
• Painless implementation & maintenance
•Seamless integration with your ERP / Legacy System
• Adoption of Best Practices
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
INSTANT ROI
Excerpts From - IIMM Conference - Mumbai
(INDIA – Emerging to Surging Economy - Supply Management Strategies for sustainable growth
18th & 19th Dec, 2009)
“There is no Future without E- Markets.”
- Dr. B. Mahadevan, Dean IIM – Bangalore
“Cost & Time Management determines the success or failure of an organization. Your best investment has to be in Technology.”
- Dr. D. B. Gupta - Chairman, Lupin Ltd
“Supply Chain determines the Competitive Edge. Efficiency in Procurement function is the Key Driver. Ideal technology selection is
dependent on how it Maps your organization landscape.”
- Mr. Ashok Sinha, MD, BPCL
“Constant improvement of Processes are very essential to build competitive edge. The Management Focus across the world is to
`Reduce Cost’. ”
- Mr.K.E.Ranganathan, Murugappa Group
“Innovation is the key to build competitive edge. Disruptive practices & effective cost management will be key drivers for Survival
& Growth.”
- Mr. B.V. Iyer - National President of IIMM
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Slide 10
VENDX
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Case Study of our Client
Procurement Process at Client End
Vendor
Assessment
Suppliers
ERP
Receiving Indent
Vendor Approval
Preliminary Vendor Selection
PURCHASING DECISION MAKING PROCESS
Negotiation
Comparison (Excel)
ERP
Floating RFQ
Receiving Quotes
To
From
Supplier
Supplier
To
Receiving Re-Quotes
Supplier
Final Comparison
Approval Chain
ERP
From
Placing Order
Supplier
ERP
ERP
Delivery Details
Info to Supplier
Delivery Schedule
To
GRN
DN/CN
Rejection
Account Ledger
Payment Status
Supplier
ERP
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
ISSUES Faced by client…
Time Constraint For…
Acquiring Market Information
Huge Time Spent On...
Supplier Evaluation
Time Constraint For…
Retrieving Past Negotiations
Time Constraint For…
… And then
Creating & Maintaining Documentation
walked-in the AUDITOR…
Constraint For…
Sending RFQ to large vendor base
Constraint For…
Getting Structured Quotes
Time Constraint For…
Complex Calculation of Landed Cost
Time Constraint For…
Tracking Material Delivery
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Realization of possible adverse impact on Costs
Information Gaps
Lack of Transparency
Lack of competitive environment
Lack of time for Strategic actions
Delay in decision making
Absence of Standardization of processes
PROFIT
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
what were his needs?
A system which:
Is Technology Driven to facilitate seamless exchange of information and communication with
his suppliers globally
Brings complete Transparency in Decision making Process to meet Compliance needs
Is Innovative to take care of all administrative tasks including much needed documentation
Is offering instant analysis to formulate effective Negotiation strategies to Reduce Cost
Offers historical data with trail to meet Audit requirements
Is smart to send alerts for inactions of users
Works seamlessly with existing ERP
Most Importantly:
A system which is extremely SIMPLE and USER FRIENDLY & requires NO SUPPLIER TRAINING
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
What options did he evaluate?
ERPs….
Prominent Solutions in the market
Office Automation Suites
……
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
Welcome To…
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
What made his life easy?
Vendx Modules: Pre-Order Process
Sample
Vendor Visit
Evaluation Module
Report Module
Vendor Portal Module
Sourcing Module
(Negotiation / Reverse Auction
Decision Authorization)
Vendx Modules: Post-Order Process
Vendx Delivery
Vendx GRN Data
Vendx Accounts Data
Tracking Module
Integration Module
Integration Module
Vendx: Other Module
Vendx MD’s Desk
Module
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
VENDX Value Delivery
To ‘The Top Management’:
• Cost Savings due to energized procurement process leading to Instant ROI
• Complete Accountability of every decision
• Central databank of Knowledge
• Legal Compliance
To ‘The Users’:
• Huge savings of time in Tedious Administrative Tasks
• Instant availability of Historical Information & Analysis
• Instant insight on Market Information
• Painless Audit Process
• Less stressful work environment
To ‘The IT’:
• Painless implementation & maintenance
•Seamless integration with your ERP / Legacy System
• Adoption of Best Practices
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.
INSTANT ROI
Excerpts From - IIMM Conference - Mumbai
(INDIA – Emerging to Surging Economy - Supply Management Strategies for sustainable growth
18th & 19th Dec, 2009)
“There is no Future without E- Markets.”
- Dr. B. Mahadevan, Dean IIM – Bangalore
“Cost & Time Management determines the success or failure of an organization. Your best investment has to be in Technology.”
- Dr. D. B. Gupta - Chairman, Lupin Ltd
“Supply Chain determines the Competitive Edge. Efficiency in Procurement function is the Key Driver. Ideal technology selection is
dependent on how it Maps your organization landscape.”
- Mr. Ashok Sinha, MD, BPCL
“Constant improvement of Processes are very essential to build competitive edge. The Management Focus across the world is to
`Reduce Cost’. ”
- Mr.K.E.Ranganathan, Murugappa Group
“Innovation is the key to build competitive edge. Disruptive practices & effective cost management will be key drivers for Survival
& Growth.”
- Mr. B.V. Iyer - National President of IIMM
Copyright © 2000-2010 ebiz CHEM Pvt. Ltd. All Rights Reserved.