The Challenge

In todays fast changing competitive environment, we felt that savings on an average of 5-7% have a very significant impact on the bottomline. The primary objective of any industry is to save money & reduce costs and provide effective customer service. In our case, the objective was to procure high value items at the best possible price.

The Solution

ProBid™ - the Procurement Auction Solution coupled with Consultancy, Market Making Services & Sourcing Intelligence.

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Kalyani Carpenter Special Steels Ltd has signed a contract for an estimated purchasing value of Rs 500 Million for the year 2001- 2002. Kalyani Carpenter has been concentrating on procurement of high value items such as refractories, electrodes, fuel etc. They have done transactions worth Rs 300 lacs with an estimated savings on an average of about 5-7% which will have a very significant impact on the bottomline