KisanServ

Transparent, Live Bidding,online procurement platform for wholesale Agribusiness

KisanServ brings to the market the first of a kind platform that will make the procurement process transparent and convenient for a business.

As long as the businesses have been around, procurement has never been an easy task. Big companies realize that and have set up rather large procurement teams to keep up with the supply requirements. The lack of transparency and a rather inconvenient schedule, however, go hand-in-hand with the procurement system. It is a difficult task to ensure that you are at the Mandi every day and even then ensuring that you are getting the best price, is not 100% guaranteed. It is also not very easy to keep track of the choice of suppliers. The very fact that the selection basis is dependent on human interactions, raises the question of whether or not the chosen suppler is truly competitive.

As a solution to these two major concerns that bring down the effectiveness of the process, KisanServ presents a platform that makes it possible for wholesale buyers and sellers to meet on common grounds without leaving the comfort of office or home. The platform provides buyers and suppliers with separate user tags. Buyers can login and create an indent which is then opened to live-bidding. As soon as the bidding is open, suppliers get a notification which allows them to place their bids. Once the bidding closes, the buyer can choose the bid that suits them the most and confirm the order to the supplier through the platform. The buyer gets set the quality parameters along with the geographic location, he or she wants to open the bid too. The dashboard on this platform also allows the viewer to take a look at past indents to analyze his or her buying patterns to aid better decisions. The ranking of the supplier as per the performance in terms of quality, order-fill percentage and dependency, assist the buyer to select the supplier accordingly.

Using this platform is as easy as 1-2-3: sign-up as a member, start trading online and get your delivery. Customers have come forward to say that they have seen their costs fall on average of 20 to 25%.

This is the only such platform ever to be made for procurement till date and falls in a segment of its own even though it can loosely be placed under the category of food technology.