You are on page 1of 2

Electronic Tendering is carrying out the traditional tendering process in an electronic

form, using the internet. E-Tendering (Electronic Tendering System) is an online


service. It provide everyone involved in the Business industry, especially Suppliers and
companies, with an efficient, secure, simple and cost-effective tools to facilitate the best
use of Tender Information and to enhance our business outcomes - anywhere, anytime.
It is created with following missions in mind.

To provide rapid calling of Tender and to reach a huge number of Suppliers, and
receive large number of bids from suppliers from anywhere at any time. All the Tender
information is at a single button click.
It also organizes all of the Tender history and bid information that they typically
provide to the website at the time of service.
It also allows the Suppliers to know whether the Tender submitted selected or not in a
few seconds.

The proposed System is an online service system. Here the companies who have a
work or need some good, create a Tender online. The company is a registered User of
the portal. He can manage the tender using the username and password. The company
can create more than one tender at a time. Anybody who visit the site can see the
tender, if supplier satisfy with the tender create a bid to the tender. Applying to the
tender is a simple process. Supplier login into the site and create a bid in online. The bid
reach the company in a second. The company can evaluate different bids and release
the contract to the appropriate supplier Using E-Tendering the users can:

Raise Indents as per the requirement


Approve indents online
Sell Tenders
Receive Bids
Award Contract / PO
Evaluate Tenders
Create and publish NIT
Includes a variety of off techniques such as RFPs, quotes, auctions and reverse
auctions.

Using E-Tendering, the suppliers can

Receive notification of the relevant tenders


Purchase tenders document
Submit Bids Online
Track the status of their bids

The tenders are published by the companies who are in demand of the goods. Using
the E-Tendering System, the users of the participating companies will:

Raise indents as per the requirements


Approve Indents online
Create Tender
Approve Tender and
Publish Tender online

The users who registered as suppliers of this system will:

Receive tender notification


Submit Tenders

The system will auto evaluate the bids of the suppliers and guide the user to select its
apt supplier.

You might also like