Thursday, April 17, 2008

Reverse Auctions at BHEL

BHEL has lot of good brains and many look forward to implement new technologies. The material procured runs into thousands of Crores of Rupees. And many innovative processes are used to reduce procurement cost as well as to use available inventory/resources.

BHEL has implemented many computerised systems and even implemented SAP in 2002/03
BHEL attempted Reverse Auctions way back in early 2000 ( 2004/05 -- I am not sure). It is a great way to apply pressure on suppliers to reduce the price online as they can see the status of their pricing. L1 ( lowest 1 ) or L5 ( Lowest 5) or so.

A good presentation is at

http://www.dgsnd.gov.in/Copy%20of%20REVERSE%20AUCTIONS-PPP.ppt

If you want more info, feel free to write to me at rameshb@vsnl.com

Ramesh
The Human Search Engine
All U Wanted

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