Aggregated Rate Contract
Based on the concept of consortium buying, buyjunction is the first mover in India for implementing Aggregated Rate Contract (ARC). ARCs help participating organizations in the program lower purchase costs by efficiently aggregating common needs across enterprises.
Benefits for Participating Organisations
- Negotiated Volume Discounts on Goods and Services
- Better Terms & Conditions on quality, service and delivery
- Strategic sourcing approach for non-strategic items
- Research and experience of aggregation process and category expertise of mjunction
- Single window platform for suppliers to develop relationship with large credible buyers
- Suppliers can leverage economies of scale and visibility of orders.
Most of the products and services which are taken for aggregation belong to the Maintenance, Repair and Operations (MRO) categories. These are typically non-strategic, standard items that are required by companies across industries.
Products and Services covered by ARC:
- Office Supplies and IT equipment
- Marketing items
- Civil items, such as cement and paint
- Safety equipment
- Electrical items
- Mechanical items such as pumps, pipes and bearings
- Facility services
Industry Sectors
Buyjunction has major strengths in ARC in the following industries:
- Steel Industry
- Power Industry
- Cement Industry
Besides this Buyjunction also procures Class C items for a diverse range of industry sectors.
Our ARC Process
- Normalization of data
- Demand aggregation
- Supplier search
- Supplier contract finalization
- Price finalisation
Our processes facilitates greater collaboration among its members and suppliers. This allows best-practice sharing and a direct enhancement of relationship with suppliers. Moreover, our category managers' focused approach ensures that members get 'market-change' benefits in shorter periods of time.
Our client base is spread across a number of industries from steel, chemicals, power and IT sector. To find out how ARC can help your business, read our success story or send us an email at: contactus@buyjunction.in
Based on the concept of consortium buying, buyjunction is the first mover in India for implementing Aggregated Rate Contract (ARC). ARCs help participating organizations in the program lower purchase costs by efficiently aggregating common needs across enterprises.
Benefits for Participating Organisations
- Negotiated Volume Discounts on Goods and Services
- Better Terms & Conditions on quality, service and delivery
- Strategic sourcing approach for non-strategic items
- Research and experience of aggregation process and category expertise of mjunction
- Single window platform for suppliers to develop relationship with large credible buyers
- Suppliers can leverage economies of scale and visibility of orders.
Most of the products and services which are taken for aggregation belong to the Maintenance, Repair and Operations (MRO) categories. These are typically non-strategic, standard items that are required by companies across industries.
Products and Services covered by ARC:
- Office Supplies and IT equipment
- Marketing items
- Civil items, such as cement and paint
- Safety equipment
- Electrical items
- Mechanical items such as pumps, pipes and bearings
- Facility services
Industry Sectors
Buyjunction has major strengths in ARC in the following industries:
- Steel Industry
- Power Industry
- Cement Industry
Besides this Buyjunction also procures Class C items for a diverse range of industry sectors.
Our ARC Process
- Normalization of data
- Demand aggregation
- Supplier search
- Supplier contract finalization
- Price finalisation
Our processes facilitates greater collaboration among its members and suppliers. This allows best-practice sharing and a direct enhancement of relationship with suppliers. Moreover, our category managers' focused approach ensures that members get 'market-change' benefits in shorter periods of time.
Our client base is spread across a number of industries from steel, chemicals, power and IT sector. To find out how ARC can help your business, read our success story or send us an email at: contactus@buyjunction.in
Customer Speak
"metaljunction will continue to scale greater heights..."
Mr. Amitabh Panda - Chief of Procurement, TATA Steel
Case Studies
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