General Buyers 7 step purchase process
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.
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.
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.
The consumer confirms with the
supplier and raises order for purchase of the product.
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.
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
Consumer provides his valuable feedback
about the process and supplier.