How can I reduce my cost in procurement?

Anand Pawar   August 12, 2022

Organisations can only make procurement cost-effective and sustainable by re-engineering processes through automation & digitisation, intelligent offshoring and focusing on core categories and processes. Integrated, SaaS based eProcurement systems like mjPRO digitises the entire procurement chain and enables organisations to tap more suppliers for more competitive bidding thorugh its integrated auction engine. Moreover, mjPRO ensures 360 view of data for aggregation and ensures further savings by reducing ad-hoc buys. Easy, automated and intutive processes reduces turn around time, making procurement more profitable as a function. High value strategic or leverage buys should be bought using the right negotiation methodologies of reverse auctions by enabling competive bidding amongst the right credible suppliers. This does not only reduce cost but also supply risk. mjunction can be your sourcing consultant ensuring the right material at the right price at the right time. mjunction can also be your procurement partner in handling the “low-value high-volume” non-strategic buys. mjunction can be the single supplier to you or your service partner for mangaing all low value buys, wherein customers can only focus on the high value strategic or core buys. This enbales better savings at both ends.


Which service provider offers E-procurement solutions in India?

Anand Pawar   August 12, 2022

Procurement is becoming increasingly important in ensuring that businesses are profitable, sustainable, socially responsible, and competitive. It is not just to save money but to gain a long-term competitive edge, assure availability, secure business continuity, reduce time, and maintain governance. Shift towards eProcurement is a major sustainable trend. mjunction has been providing effective eprocurement solutions in India and other procurement services for the last 2 decades in SaaS mode. We are partnering with more than 100 customers, across industries, offering technology, consulting and outsourcing solutions. mjunction is a one-stop-shop for companies looking to make procurement more digitised, lucrative, and efficient.


Which procurement service provider offer a Single supplier solution?

Anand Pawar   August 12, 2022

mjunction offers “single supplier” solution for all your non-strategic buys, replacing multiple suppliers in the legacy system. This helps customers with enhanced compliance and risk reduction. mjunction delivers services from its shared service center and ensures delivery compliance leveraging a “ship-to-party” model. The cloud-based in-house procurement system completely automates the processes from RFQ till PO and further. mjunction’s procurement experts interacts and places orders to numerous secondary vendors on behalf of the customer. We manage all transactions and documentation with multiple vendors, acting as a single point of contact. Our customers have achieved reduction in transactional cost and witnessed improved availability of materials.


Does mjunction provide sourcing solutions even for medium and large corporates?

Anand Pawar   August 12, 2022

mjunction’s managed sourcing services and eSourcing solutions are designed to help customers manage their expenditure or categories more cost-effectively, while customers can use resources for more strategic activities rather than tactical tasks only. mjunction provides focus, resources, tools and expertise in managing your purchases to achieve performance, convenience and compliance benefits for medium and large corporates, across industries


Which company provides the best Forward auction services in India?

Anand Pawar   August 12, 2022

mjunction is India’s most trusted B2b e-marketplace company with over two decades of operating experience. mjunction links buyers and sellers of various materials through digital platforms. Currently, mjunction’s sell-side network includes over 1L+ buyers interested in purchasing coal, steel, outdated and idle capital assets, ores and minerals, agri commodities, hazardous wastes, oil and gas, scrap, real estate, and others commodities. This makes mjunction one of the best forward auction services company in India.


Which is the best Auction Platform for Tea?

Anand Pawar   August 12, 2022

mjunction is a first of a kind, all-encompassing online platform, on self-service mode. It provides end-to-end service to the Tea community, with facilities like free state-of-the-art warehouse, quality assessment, financial assistance and logistics support. This innovative e-Marketplace makes buying and selling of Assam tea extremely easy. The e-Marketplace brings together a large number of buyers and sellers across the country on one platform, along with many budding tea entrepreneurs.