BOB eProcure: Enhancing Value of Business Transactions through Versatile Procurement Solutions

Lakshmi Gadiraju, CEO,K N Venkat Raju, Director

Lakshmi Gadiraju, CEO

K N Venkat Raju, Director

For organizations with expansive geographical spread, a centralized procurement solution may not always be the best answer to their business sourcing needs. As procurements have to be optimized to suit various regions, an enterprise with numerous offices need a standardized, decentralized procurement process. Building a platform of trust and transparency, while acquiring the bench marked quality and price from the suppliers is yet another challenge. BOB eProcure, a Bangalore-based procurement consulting and solution enterprise, boasts of an e-Procurement platform which ties up the loose ends of fragmented supply and demand chains. With a team of adept consultants serving geographically distinct areas with diverse negotiation techniques, the company handpicks the combination of strategies that fits for every requirement perfectly. As a direct outcome of these unique capabilities, BOB has been able to retain 80 percent of its clients, since its inception in 2011.

BOB’s service portfolio includes efficient solutions such as eSourcing, eWaste management, eRfx (comprehensive online life cycle management solution), eDisposal (Smart disposal platform for scrap/idle assets), and the Budget2pay procurement suite (comprehensive solution designed to simplify and optimize procurement process). BOB’s eSourcing is a configurable online portal which addresses unique market-specific sourcing processes and compliances, and delivers guaranteed results, while ensuring transparency and smooth closures of transactions. Successful implementation of this process has enabled a leading technology company to garner
24.4 percent savings compared to their previous purchase cost, and drove them to use the platform further for sourcing various product categories and controlling their spends.

The e-Waste management solution coupled with the list of credible e-Waste buyers provided by BOB enable companies to dispose their e-Wastes responsibly. Its suite of intuitive procurement tools such as eSell, eBuy, eVendor, & eAuction creates a comprehensive marketplace for companies to identify the right buyer, seller and real market price, and enables trading with online auction platform while delivering surprising results from worldwide.

After defining clients’ expectations precisely, BOB aligns its tools and consulting experience to assist them in achieving their goals, through a diplomatic approach

The Approach
After defining clients’expectations precisely, BOB aligns its tools and consulting experience to assist them in achieving their goals, through a diplomatic approach.“Unless we do a thorough analysis of the trends at the customer’s plate, it wouldn’t be appropriate for us to suggest a specific methodology/tool that can help them,” says Lakshmi Gadiraju, CEO, BOB eProcure. Capable of retrieving immediate ROI for its customers (and the only company that does so), the company endows them with savings and funding within the first month of execution. While serving organizations with in-house procurement capabilities, BOB steps in as an assistant, taking on low priority transactions, while leaving the company officials (CPO) to perform dealings of strategic importance.

Spreading Globally
With a PAN India presence, BOB’s suite of solutions is easily accessible to customers. The solutions delivery models include both cloud and on-premise license.
Innovation in BOB is a daily phenomenon which aims at the progressive improvement of its tools and solutions, and the cumulative process has placed the company in a noteworthy position in the industry.

Rated by Gartner as a notable vendor in Magic quadrant for strategic sourcing of application suites – 2015, BOB eProcure is bestowed with a prestigious client base which includes BHEL, Tata Communication, Titan, Lifestyle Group, Maruti and others. Maintaining a healthy annual revenue growth of above 20 percent consistently, BOB eProcure expects to ramp up the statistics to 50 percent, while entering international market by this year end with the help of new strategic partners.

Lakshmi Gadiraju, CEO
Lakshmi Gadiraju supervises the Product and Application advancement, and is in-charge of Technology Guidance and Architectural outline of all items and administrations separated from vision, technique and development.

K N Venkat Raju, Director
Venkat Raju K N has around 13 years of worldwide experience spreading over Asia Pacific, Europe and Middle East and has rich involvement promoting, setting up and managing Information Technology Companies and his expertise spans Strategic Planning, Information Management, Product Development and Marketing.
  • Marketing Intelligence & Benchmarking
  • Procurement Audit
  • Procurement Transformation
  • Spend Management

  • Headquarter: Bangalore