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RFX

eSourcing made easy. RFX. Key facts about SourceWeb. eSourcing software and services company Established in 2011 Headquartered in Gurgaon, NCR with regional offices in Mumbai, Chennai and Bangalore Set up by two young and pedigreed engineers cum management graduates

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RFX

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  1. eSourcing made easy RFX

  2. Key facts about SourceWeb • eSourcing software and services company • Established in 2011 • Headquartered in Gurgaon, NCR with regional offices in Mumbai, Chennai and Bangalore • Set up by two young and pedigreed engineers cum management graduates • Leadership success at Eicher, IBM, Sify, BPCL, Whirlpool, Maxis Malaysia, MapmyIndia, Bain & Company, BNP Paribas, Leo Burnett etc. • Significant experience in purchase, finance, operations and automotive domain within the core and advisory team

  3. SourceWeb has a simple mission To empower businesses to manage their sourcing function in the most efficient way- by widespread adoption of innovative, easy to use, rapidly deployed and cost effective applications SourceWeb represents a paradigm shift in the way eSourcing software is designed and delivered. This is what differentiates SourceWeb from competition

  4. What is eSourcing? • Simply put, using electronic tools for conducting sourcing activities • Suitable for all type of sourcing requirements • Direct material • Indirect material • Capital equipment • Services • Incorporation of price as well as non-price factors Market information Get quotes Negotiate prices and choose winning supplier(s) Award work and conclude contract

  5. Why is eSourcing beneficial to you and your suppliers? Clear benefits for you… • Fast cost reduction and high RoI • Improved efficiency and centralization of information • Repeatability and audit ability of the sourcing process • …and your suppliers • Transparency and openness in sourcing • Instant feedback and closure through an interactive process • Shortening of sales cycle leading to lower sales cost

  6. eSourcing is easy to do; simple eSourcing tools correspond to various stages of sourcing RFP Search for suppliers of various products and services Create and publish RFIs, RFPs and RFQs Conduct negotiations online Select a supplier, conclude contracts and place order Save money RFX Supplier Registration Reverse Auctions Contract Management These are discrete sourcing processes. One can use eSourcing tools for any one or combination of these

  7. eSourcing is easy to do; simple eSourcing tools correspond to various stages of sourcing RFP Search for suppliers of various products and services Create and publish RFIs, RFPs and RFQs Conduct negotiations online Select a supplier, conclude contracts and place order Save money Supplier Registration RFX Reverse Auctions Contract Management These are discrete sourcing processes. One can use eSourcing tools for any one or combination of these

  8. RFX is a multipurpose module, with wide usage across departments • Request for Information • Requesting expression of interest (EoI) and also information from suppliers • Understand supplier market dynamics • Obtain information so that a common RFP document can be invited RFQ RFX RFP RFI • Request for Quote • Invite formal quotes for purchase items • Sealed bids from suppliers invited and evaluated • Can use the bids to set up a reverse auction, depending on item type • Request for Proposal • Invite proposals from suppliers • Pre-qualify them for bidding round if they meet the technical & commercials requirements

  9. RFX, simplifying management of your RFPs Supplier/ Vendor I Buyer/ purchaser • Simplifies RFX management for any product/ service • Manage suppliers, publish RFX, invite bids & evaluate at the click of a mouse II III IV

  10. We have put usability and support first, and incorporated the right number of features Usability Support & service Features • Create partial forms- save drafts • Step by stem wizards to create RFX and create RFX response • Export forms and responses to excel, word, PDF • Use existing RFX as templates for re-use • Batch downloads of attachments • Industry category master • Global location maser • “Unit of measurement “master • Multiple time-zones support • Multiple currency support • 12x5 support • Onsite support • Remote debugging • FAQs • Dynamic form creation • RFX accessibility- private/ open • Deadline- hard/ soft • My Suppliers- buyer’s supplier network • Edit published RFX • Summary of changes in tracked mode • Change privacy and deadline of a published RFX • Add and delete suppliers from published RFX • Un-submit supplier responses • Retract RFX • Reminders to suppliers • Auto/ manual close RFX • Live response status • Live response tabulations- quotes, questionnaire responses, by supplier etc. • Buyers • Guided on-boarding/ self registration • Search and respond to public RFX • Notify intention to respond • Request resubmission of response • Summary of changes of republished RFX • Suppliers Security • SSL enabled website- https:// • Audit trail • Auto expiry of password • Email authentication • Strict access control rights management • Firewalls • Intrusion detection systems • IP Block • Antivirus • Disaster recovery • Backup policy • Common • Dashboards • Profiles • System notifications • Private messaging • List of pending actions for easy tracking

  11. The benefits of using SourceWeb RFX are easy to see, quick to achieve and measureable

  12. What about security? SourceWeb places a huge amount of emphasis on security, and has adopted world’s best and most stringent security standards • https://- SSL enabled website which ensures secure transmission of data between user’s machine & server • Strict access control policies, rights management • Use of latest firewalls • Intrusion detection system • Antivirus • Audit Trail, IP block, etc. • Disaster management system • Auto expiry of password, email authentication

  13. Sourceweb is quick and easy to deploy • Receive the welcome kit in a secured file from SourceWeb • Use the given login credentials to login to https://www.sourceweb.in for the first time • Change the password at first login • You are good to go. Start saving. Call us for any help

  14. We are happy to help • Former VP, MapmyIndia • Ex Management Consultant, Bain & Company • MBA, IIM Bangalore • B Tech, IIIT Allahabad • Instrumental in growing MapmyIndia to the leading navigation player in the region • Experience of solutioning and management consulting at the highest level. Experience of raising equity at MapmyIndia • Konark.singhal@sourceweb.in/ 9818657760 Manesh Jain Konark Singhal • Former strategy consultant, IBM • Ex Project Manager, Sify Software • MBA MDI Gurgaon (Gold medallist) • Rich experience in Implementing large IT initiatives delivering business value • Experience in Product Management and Client facing functions • Experience in implementing channel management and extra enterprise solutions • Manesh.jain@sourceweb.in/ 9899756997

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