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The preferred vendors do not need to be signed up with Locatory – user enters them into the system. Vendors receive RFQs via the email. They can quote by:
If options A and B are chosen, the system will automatically capture the data and consolidate in a single table together with quotes from the open market. If the option C is chosen – the reply will
go to the user’s inbox, but will not be captured by the system.
Single report is generated and can be exported for analysis
Preferred Vendors Open Market
PV Supplier 1 - $400
PV Supplier 2 - $430
PV Supplier 3 - $380
OM Supplier 1 - $360
OM Supplier 2 - $500
OM Supplier 3 - $450
OM Supplier 4 - $350
OM Supplier 5 - $600
OM Supplier 6 - $540
Purchasing executive saves approximately
5 hours a week thanks to our SMT.
This sums up to
35 working days a year multiplied by the number of people involved in purchasing.
Employing the system does not require any structural or process changes within the clients company.SMT is a 100% online application thus it does not require any additional hardware on the clients side.