Challenges faced by Construction industry

1) Challenge in digitizing the tendering process for contract division
which involves gathering quotes based on Bills of Quantities (BOQs)
and comparing them

2)Lack of audit visibility leading to inefficiencies and potential
discrepancies.
3) Challenge of onboarding qualified and reliable suppliers
4) Cost instability
5) Quality control
6) Compliance. ISO 9001 and ISO 14001.
7) Inventory Management

Challenges faced by Building & Electrical Equipment

1. Lack of transparency and visibility
2. Issues in contract utilization and visualization
3. Managing suppliers and mitigating risks
4. Evaluation of vendors and negotiation of commercial terms through
multiple rounds of discussions leading to lack of transparency and
efficiency.
5. After sales
6. Inventory management
7. Rising number of phased out components

Value proposition:

1. Audit trail
2. Regulatory Compliance
3. Supplier qualification and performance
monitoring
4. Quality monitoring
5. Inventory optimization
6. Demand forecasting
7. Real time visibility
8. Dashboard and reporting
9. Supplier Management
10. Risk mitigation