MavenVista: Streamline Procurement Process Via Automation For Best Price Discovery

Date:   Monday , January 16, 2017

Procurement is a highly sensitive, susceptible& critical business function which accounts for majority of spend of any organization. Every percentage reduction in the cost of raw materials & supplies leads to direct positive impact on bottom line of the organziations.

MavenVista brings here its years of procurement domain expertise coupled with state of the art technology to bring unparallel optimization and convenience in the procurement function leveraging internet technology. VENDX, the wholistic transactional engine evolved by MavenVista with embedded analytics can seamlessly integrate with any well known ERPs & connects buyers with suppliers globally on real time to select effortlessly best buying options.

VENDX, by far is the most realistic sourcing solution. Explaining further, Suhrid Shah, CEO, MavenVista speaks, \"Procurement is a very critical business function across all segments of industries and size of the organizations. In order to survive and foster in the dynamically changing world, organizations across the sectors and size are required to be more competitive. To assist this critical needs MavenVista offers variants of VENDX to meet different challenges as per the size & industry sectors with imbibed best processes to streamline decision making process for cost optimization\".

\"We offer three variants of VENDX including VENDX Basic, VENDX Professional and VENDX Enterprise Version to suit the needs and pockets of all size of industries, be it SMEsor large enterprises,\" speaks Suhrid. All its state-of-the-art solutions are offered on the SaaS Model. This ensures zero efforts from the client on technology infrastructure, technology management and maintenance and upgradation to ensure sustained and enhanced offerings for all times to come & provide instant ROI.

Weaving its strength and vision in the name, MavenVista truly performs as a trusted expert who extends knowledge for the benefits for others on long term basis. The company breeds this philosophy to transmit sustainable benefit to its customers.Most of their customers are primarily from manufacturing companies, Pharma, Chemicals, Textiles, Steel, FMCG and engineering companies. \"VENDX, our branded solution is very well placed among our customers and the industry and each of our customers is the testimonial for our product and its performance and the backup services of our support team,\" avers Suhrid.

Journey of MavenVista

MavenVista, earlier known as ebizchem was founded in 2000 with the launch of B2B portal for online buying and sellingof chemicals. During 2003-2004, MavenVista comprehended the challenges in the procurement domain and repositioned itself as a procurement solution focused company. MavenVista is currently positioned in the top slot for its offerings in the space of e-procurement due to the fact that its solution VENDX aligns with organizational processes & easily configurable for instant adoption to address challenges faced by the organizations.

Going Places

To Counter this the company has taken up sustained campaign to build larger awareness in the market by clearly differentiating the offerings and high lighting distinct advantages over the competing product.

Drives Creative Team

When it comes to work, MavenVista offers the highest level of freedom to its employees to ensure best creativity, intellectual stimulation and establishes collective ownership on deliverables with higher levels of agility. MavenVista consists of a competent team of 35 engineers and masters and 12 best in field highly experienced IT & Domian consultants to deliver best offerings in terms of the solution & services.

Future Journey

MavenVista is all geared up to make its Global foray in the coming year with enhancement of its solution for mobile compatibility and offering one of its kinds validated global suppliers\' data to provide its customers unmatched experience of \'Procurement on the Move\'.

Key Management

Suhrid Shah, CEO & Founder

Suhrid is a serial entrepreneur & a highly passionate leader and a committed practitioner. He has thirty five years of solid experience running multifunctional companies in the manufacturing, chemical and technology verticals and to provide his insightful direction to MavenVista for building the product & service landscape aligned to the business needs and steering the highly motivated team on their journey to redefine the procurement function.

Prof Dr. Subhash Bhatnagar, Director and Strategic Advisor

He is the ex-dean of IIM Ahmadabad and has held the chair professorship on Information Technology at IIMA for 6 years. He regularly consults the World bank on e-governance and has been on the advisory council of the Commonwealth Network of Information Technology, London.

MavenVista - Recognitions

1. Customers applauds - Outstanding Supplier Award from Bayer Crop Science (Twice) , Jubilant Gr &Zydus Wellness
2. Innovation Par Excellence - Award for most innovative SME in the Supply Chain domain by Hannover - Milan Fair & Indian Academy of Management
3. CIOs Choice: Winner of CIO Choice Award for the year 2016 & 2017
4. Client Excels - Our client Intas Pharmaceuticals Ltd has been awarded \'Procurement Excellence Award\' for the year 2016 for best implementation of e-procurement platform