Manage Vendor qualifications, Pre-order / Post order phase, progress monitoring and reverse bidding.
"I am astounded by how easily and quickly they re-aligned all our processes. So many inefficiencies have now disappeared. I couldn’t be more grateful."
John Mathew, Director(Operations), Chalmers
*Based on customer feedback
Online registration of interested vendors with all pre-qualification information, vendor evaluation through predefined workflows and approval of vendor for supply and services of identified items.
E-tendering from BOQ to the approved vendors, electronic receipt of technical proposal digitally. Commercial proposal against each BoM items. Technical bid evaluation as per pre-defined workflow, vendor clarifications, comparison of bid from multiple vendors and identification of L1, L2 for PO issuance with ERP integration.
Review and approve of vendor drawings. Issue of clearance for manufacturing process, management of inspection processes and clearance for shipment with receipt of materials at site updated in the ERP.
Procurement Progress Monitoring & Control
Define weightages for key milestones and monitor real-time progress based on actual work completion. Proactive notification to concerned on delay and update forecasts. Procurement S-curves, reports and dashboards.
Realtime reverse auction to identify the lowest bidder by maintaining complete transparency with automated audit trail of the sequence of events in the bid
Procurement Management Features
How it works
See how SmartProject helps Architects, Engineers, Contractors and Owners collaborate on engineering projects
The post explores a solution for getting on-time project progress data, which is one of the biggest problems facing project managers