With advent of the e-business world (connected networks & connected world), the paradigm of tendering & procurement has assumed a sea change. Tendering & Subsequent bidding are fast becoming essential components of procurement mechanism & Framework across the spectrum of organizations - Government, quasi government, Industry - Product & services, multilateral agencies etc.

Tactical Procurement Management (TPM)

Be it the Purchase / acquisition of Complex & Expensive Products Civil works, Airline Supplies, chemical supplies or supply of smaller size products such as industrial equipment, customized tools, telecommunication equipment Common Procurement Practices & steps of adherence are confirmed to. It is in this context that Vxceed's offering of complete e-Procurement & Tendering Framework (TPM) provides an efficient & competitive lever for-

Process lead time optimization - complex time consuming process such as interfacing with customers (user groups) & suppliers, coordinating & interfacing with service provides, besides multi disciplinary group evaluations, devising qualification & evaluation criteria besides time & price parameters.

Quality of Tendering & Bidding Documentation - Clarity of requirements & specifications, completeness of Information & relevant annexures etc available with complete chain setup.

Quick criteria definition assessment of the received bids - Analytical & Intuitive tools for quick definition of various criteria & point based ranking & scoring for actual conformance.

Enhanced Safety Factor - of less ambiguous tendering mechanism & clearly identifiable evaluation methodology.

Key solution Highlights:

TPM Online System is a web-based procurement solution that provides a level-playing field for small & large enterprises to participate and compete on a fair, equitable, transparent, secure, speedy & cost-effective platform.

TPM online system is self-evaluating system that reduces the procurement cycle by 4-6 weeks besides enforcing transparency in the procurement cycle. A systematic Implementation of this system will also force the user groups in the buyer organization to understand and efficiently document internal business requirement for focused & cost effective Tendering mechanism.

The entire system is automated with appropriate human interface for handling the pre-tender. tendering & response evaluation activities. The approval is done on the basis of results provided by the automated system thereby minimizing the chances of document manipulation and corruption. System security has been given utmost consideration and importance to ensure privacy, non-repudiation & keep the system hack-proof.

• TPM is a self-evaluating procurement methodology, reducing the procurement cycle by 4-6 weeks.
• It forces the 'buyer' to understand and document internal business requirements.
• TPM enforces complete transparency in the procurement cycle.
• TPM creates a level playing field - it allows small enterprises to compete, provided they meet the financial risk requirements.
• It allows for the implementation of strictly managed & controlled incentive programs (see bonus points).
• The Online TPM allows for scientific, empirical comparison of complex turnkey solutions.