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askmeBazaar launches online procurement service for SMBs

askmeBazaar
has launched askmeBazaar wholesale, claimed to be an easy to use
online procurement service to assist small businesses in managing
their procurement needs from suppliers across the country. The new
service is said to offer significant benefits like searching for
suppliers, comparing products, ordering a sample, getting a quote and
even ordering online.

askmeBazaar
has launched askmeBazaar wholesale, claimed to be an easy to use
online procurement service to assist small businesses in managing
their procurement needs from suppliers across the country. The new
service is said to offer significant benefits like searching for
suppliers, comparing products, ordering a sample, getting a quote and
even ordering online.

On
registering with askmeBazaar wholesale by paying an annual
subscription fee of just Rs. 1000 small local businesses like
hotels, hospitals, spa’s, salons, small offices, factories etc can
now choose and buy from the best suppliers from across the country
without leaving their offices. Small businesses can now reduce the
time it takes to find the right supplier and managing the service
contracts and improve their procurement efficiency to match large
business houses who have a large procurement team managing
everything.

The
new service is very different from existing listing and directory
services by enabling direct transactions and communication with
suppliers through the internet. All suppliers are listed with full
contact details and phone numbers on the portal so buyers can contact
them directly if required. Direct transactions were difficult earlier
as suppliers have a huge problem managing collections from small
businesses across the country and hence there is a network of agents
and middlemen who add to the cost and loss of efficiency. askmeBazaar
will facilitate collections for suppliers through their network of
distributors across the country while shipping is managed by the
supplier directly as bulk shipping might require specialized
treatment; this reduces the number of layers in the supply chain and
leads to greater efficiency in the system.

We
are quite excited about the addition of wholesale to our product
suite and are heartened to see the initial response from small
businesses and suppliers alike. We have been promoting this concept
across industry exhibitions like AHAAR etc and many businesses and
suppliers have signed up on the spot. The transaction cycles are
longer plus the average invoice amount is larger and hence we are
tracking the operations cycle very carefully and will scale up this
platform and catalog very soon” said Kiran Murthi, CEO,
askmeBazaar.

Talking
about the initiative, Arvind Khanna, director (The Hotel and
Restaurant Equipment Manufacturers Association of India), said, “We
are very happy with this new platform which leverages our
relationships with local sellers in the hospitality industry and will
be a win-win for both the buyer and the seller.”.

Nirmal
Trivedi, general manager, Hotel Ambassador Ajanta Aurangabad and an
early askmeBazaar Wholesale customer said, “We truly appreciate
askmeBazaar which has come up with such innovative & customer
friendly product for the wholesale requirement of hospitality
industry goods under one roof. I am sure many more sellers &
buyers would be benefitted through this wholesale product.

 

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