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V Kreta


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V Kreta

  1. 1. ...The way to effective and optimized sourcing Revolutionary solution to strategize Procurement
  2. 2. Strategic Sourcing & e-Procurement v-kreta – An e-procurement initiative from GeoTech Informatics, India v-kreta - A closer look Market Opportunities of v-kreta v-kreta - License Model The Benefits of v-kreta About GeoTech Informatics
  3. 3. About GeoTech Informatics
  4. 4. <ul><ul><li>A boutique software development centre in Kolkata </li></ul></ul><ul><ul><li>Founded in 2002 as an Indo-German Joint Venture company </li></ul></ul><ul><ul><li>Clients across Europe, USA and Australia </li></ul></ul><ul><ul><li>Winner of world wide award : Developers of renowned e-sourcing solution “e-Contor” has been selected and won the Retail Application Developer (RAD) Awards in November 2004, for the best retail application in Supply Chain. </li></ul></ul>
  5. 5. Strategic Sourcing & e-Procurement
  6. 6. <ul><ul><li>Strategic Sourcing is the process of continuous improvement and re-evaluation of an existing procurement process. </li></ul></ul><ul><ul><li>Strategic Sourcing is facilitated more with an online procurement system rather than a classical one </li></ul></ul><ul><ul><li>The process of online procurement system is better known as e-procurement </li></ul></ul>
  7. 7. v-kreta An e-procurement initiative from GeoTech Informatics, India
  8. 8. <ul><ul><li>mirrors the complete tender and auction processes </li></ul></ul><ul><ul><li>Purchasers efficiently conduct tenders within all relevant product categories </li></ul></ul><ul><ul><li>Ends when the customer and the supplier come into an agreement. </li></ul></ul>
  9. 9. Identify Products to be purchased <ul><li>Create a tender </li></ul><ul><li>Add Tender Title </li></ul><ul><li>Select product(s) </li></ul><ul><li>Add T&C </li></ul>Add Requirements for the Tender Product(s) Create RFQ template for the Tender Product(s) Add Vendors for the Tender from the Vendor Pool Send Notification email with login credentials to the vendors Publish the Tender Vendors login and submit their quotes <ul><li>Send tender award notification to the chosen Vendor </li></ul><ul><li>Use Vendor dialogue if necessary </li></ul><ul><li>Create Contract </li></ul>Analysis Quotes and generate Reports Satisfactory Quote Received? Start End Launch the second round of the Tender Yes No
  10. 11. <ul><li>Create tender ( open/limited/auction) , view, search and modify </li></ul><ul><li>Create product specification and proposal form </li></ul><ul><li>Multi round processing </li></ul><ul><li>Create/edit/delete/search vendors </li></ul><ul><li>Product based vendor categorization </li></ul><ul><li>Vendor statistics. </li></ul><ul><li>Add/edit/delete/search products </li></ul><ul><li>Display product list in a hierarchy tree view </li></ul>Tender Management Vendor Management Product Management
  11. 12. <ul><li>Secured user access </li></ul><ul><li>Role based user access management </li></ul><ul><li>Company Management </li></ul><ul><li>Set language, customized view and mail template </li></ul><ul><li>Configure specified language as well as terms and conditions </li></ul><ul><li>Platform Management </li></ul><ul><li>Configure application (v-kreta) level settings like logo and language </li></ul><ul><li>Language Management: This module allows you to </li></ul><ul><ul><li>Create/edit/delete language </li></ul></ul><ul><ul><li>Set the available languages for a particular customer </li></ul></ul>User Management
  12. 13. v-kreta A closer look
  13. 14. <ul><li>Tender Creation </li></ul><ul><li>Vendor Creation and Management </li></ul><ul><li>Create Specification & Proposal Forms </li></ul><ul><li>Invitation of Vendor to the Tender </li></ul><ul><li>Vendor registrations & Submission of proposals by Vendor </li></ul><ul><li>Creation of the Tender Status Report, showing proposals you want to compare </li></ul>
  14. 15. Tender Creation
  15. 16. Vendor Creation and Management
  16. 17. Specification and Proposal creation
  17. 18. Inviting Vendors
  18. 19. Vendor registration and proposal submission
  19. 20. Choosing Vendors & Creation of the Tender Status Report
  20. 21. v-kreta License Model
  21. 22. <ul><li>Application Service Provider Model (ASP Model) </li></ul><ul><li>Enterprise Server License Model (ESL Model) </li></ul>Two types of licensing model
  22. 25. The Benefits of v-kreta
  23. 26. Increases procurement speed Partial automatization reduces time consuming manual activities of the buyer more products can be tendered simultaneously Entire product range closer to market price 2 Standardise the sourcing procedure Defining a detailed process for the tender, the sourcing process can be standardised Improves tender quality Improves quality of submitted proposal 1 Simplified repetition Automatic, structured archiving, enables tenders repeatition „at the push of a button products are tendered more often better knowledge of current market price level 3 Management Transparency Due to unified data storage in a single system, all sourcing activities can be reviewed at any time improved controlling and coordination 4
  24. 27. Market Opportunities of v-kreta
  25. 28. “ Your key to strategize e-sourcing”
  26. 29. For more information please contact: GeoTech Informatics Private Limited DLF IT Park, Tower 3, 1st Floor, Plot 8, Block AF, Major Arterial Road, Rajarhat, New Town Kolkata | West Bengal | India | Pin - 700156 Phone : +91 33 40063595, +91 33 40063596 Fax : + 91 33 40063594 Email : URL: