Sourcing is pivotal to the cost structure and competitiveness of any construction project. Overhauling traditional sourcing strategies and opting for an integrated construction procurement approach can lay the ground for sustainable success by accelerating cash flows and financial gains.
BuildSupply’s e-tendering and construction procurement module covers all your business needs like vendor prequalification, expression of interest, automated bid comparison and an online tender opening committee to ensure transparency and efficient project delivery across all stages of engineering, procurement and construction. You can also coordinate the entire vendor relationship from onboarding to performance tracking and managing commercials through the vendor management dashboard.
Onboard contractors, vendors and other external agencies before inviting them to collaborate.
Refer automated bid comparison reports to ensure accuracy and time saving.
Raise and address all RFIs and bid clarifications from a commercial awareness standpoint.
Automate the entire tender logistics including bid closure dates, tender opening committee etc.
Run online negotiations, rebids and tender addendum as project information evolves.
Run business intelligence and analytics to understand rate trends, awarding patterns, tender timelines etc.
Leads to the cost structure and competitiveness of the project.
Secure platform to create online tenders, invite external agencies to bid and finalize the work contracts.
Reduced tender cycles by minimising the time needed for sending documents back and forth.
Helps standardise the procurement workflow with the help of centralised database, formal workflows etc.
Online vendor management platform tracking vendor performance and enabling smooth information distribution.
Detailed purchase history for efficient negotiation with vendor and audit.