General Buyers 7 step purchase process

Step 1

Consumer post an Enquiry of product that he intends to purchase through General Buyers 'Post An Enquiry' tool. The consumer also has to specify a timeline till when the enquiry will remain open.

Step 2

Enquiry is circulated to all the valid suppliers of that category and invited to participate in the competitive bidding (Reverse Auction) process with the specified timeline. For the convenience of consumer and supplier, each supplier is categorized as either LOCAL or OUTSTATION supplier.

Step 3

Suppliers submit their bids repeatedly within the specified auction timeline. An auction will be considered valid only if at least 2 suppliers participate & a total of at least 3 bids are submitted by the end of auction. The supplier with the least bid value at the end of the event wins the auction. There shall be two auction winner, one- Local supplier and one- Outstation supplier. Consumer has the choice to raise order to either of the supplier. The final bid value and the contact details of these suppliers shall be notified to the consumer.  

Step 4

The consumer confirms with the supplier and raises order for purchase of the product.

Step 5

Supplier delivers the product to the consumer, takes the payment & fills 2 'GOODS DELIVERY FORM'. 1 copy of GDF retained with the consumer and another copy with supplier for any future reference or claims.

Step 6

The supplier pays a percentage of the total transaction amount to General Buyers according to the PAY SLAB within 10 days from the day consumer has raised order for purchase of the product

Step 7

Consumer provides his valuable feedback about the process and supplier.