List and advertise your products and your company in our searchable
database, submit Requests for Quotation (RFQs) and post messages on the
procureNET.biz vitaLINKS forum.
Companies looking to automate their purchasing processes will benefit
from a new eProcurement web-site called procureNET.biz.
procureNET.biz is an intuitive web-based B2B Global Trade Forum and
eProcurement system that has stripped the online supply chain process
to the bare bones - delivering an eProcurement solution that's easy
to use and more importantly, brings reduced prices paid for indirect
goods and services; improved contract compliance; shortened procurement
and fulfilment cycles and reduced administration costs.
Suppliers are able to advertise their company and products and
services, and create and list a company profile on the site. Supplier's
products and services are stored in a searchable database for buyers to
browse.
procureNET.biz allows buyers to submit Requests for Quotes (RFQs) to
multiple pre-qualified suppliers with just a few clicks.
When sending RFQs, buyers can elect to remain anonymous or to reveal
their identity. Word documents, images, etc are sent to all
participating suppliers (optional) with you RFQs allowing for simple
transfer of product and service specifications. In addition, the buyer
controls the quoting process, choosing to show or hide other suppliers
quotes from participating suppliers thereby creating reverse auction or
closed tender RFQs.
When a buyer submits an RFQ, an e-mail is sent to each pre-qualified
Supplier. On receipt of the e-mail, each Supplier Signs In to
procureNET.biz and quotes. (Suppliers Register and Quote for FREE)
Together with their quote amount, each supplier is able to add notes or
a message to their quote. This facility is used to list unit prices,
give guarantee or warrantee information, delivery costs, etc
Suppliers are able to change their quote at any time and as many times
as they like prior to expiry of the RFQ. If the buyer has allowed the
suppliers to see each other's quotes, they may change their quote each
time they see that they have been 'out quoted' by another supplier.
This process (known as a reverse auction) drives the price down.
Each RFQ has it's own private message board. The message board and
all messages are accessible to the buyer and all the participating
suppliers, although identities are withheld. The message board allows
the participating suppliers to ask the buyer for additional information
on the items required.
Supplier quotes are tabulated for the buyer allowing for easy cost
comparison. To accept a quote, the buyer simply clicks the 'Accept
Quote' button next to the quote they want to accept. Next, the buyer
enters an order number and a message to the supplier (optional).
The selected Supplier is notified by e-mail of the buyer's acceptance
of their quote and at this point is given the buyer's contact details
(if the RFQ was anonymous).
Once an RFQ is concluded, it is automatically moved to the RFQ Archive
for future reference.
Key Product Features:
B2B Trade Forum (www.procurenet.biz/forum)
Advertise your company.
Create your company profile & List on our searchable database.
Upload your products & services to our searchable database.
Create and populate your own Supplier Groups.
Submit Requests for Quotes (RFQs) to multiple suppliers.
Elect to remain anonymous or to reveal your identity.
Attach word documents, images, etc to your RFQs.
Hide other suppliers quotes from participating suppliers.
Create reverse auction or closed tender RFQs.
Use the message board to communicate with suppliers.
Easily compare suppliers quotes.
Accept any quote at any time, even before expiry!
RFQ archive provides access to past RFQs.
Eliminate non-compliance spending. (typically 30% of all spending)
Control access to specific suppliers.
Quickly compare prices.