IGISHA Enterprises offers comprehensive Procurement and Purchase Management services, ensuring efficient sourcing, cost-effective purchasing, and timely delivery of high-quality materials and components. We manage the entire procurement cycle, from vendor selection and contract negotiation to inventory management and order fulfillment.
Sub-Segment | Description |
Spend Analysis | Assessing historical spending to identify saving opportunities and sourcing patterns |
Category Management | Managing procurement by grouping related products/services (e.g., MRO, IT, logistics) |
Supplier Market Research | Identifying qualified vendors, market trends, and cost benchmarks |
Make-or-Buy Analysis | Evaluating whether to produce in-house or outsource based on cost, risk, and capability |
Sourcing Strategy Development | Creating plans to optimize cost, risk, quality, and sustainability in procurement |
Sub-Segment | Description |
Supplier Prequalification | Screening vendors based on financials, technical capability, and legal standing |
RFI/RFQ/RFP Management | Issuing and managing Requests for Information, Quotation, or Proposal |
Bid Analysis & Comparison | Technical and commercial evaluation of supplier offers |
Supplier Audits & Due Diligence | Verifying supplier facilities, quality standards, compliance, and past performance |
Vendor Rating Systems | Establishing KPIs to assess and rank supplier performance regularly |
Sub-Segment | Description |
Contract Drafting & Review | Legal and commercial documentation preparation |
Price Negotiation Services | Ensuring cost-effective purchasing through negotiation expertise |
Service Level Agreement (SLA) Definition | Outlining performance standards and penalties for non-compliance |
Risk Sharing & Liability Structuring | Mitigating procurement and delivery-related risks |
Multi-year/Multi-vendor Framework Agreements | Establishing long-term, scalable sourcing contracts |
Sub-Segment | Description |
Purchase Requisition Processing | Reviewing and validating internal purchase requests |
Purchase Order (PO) Management | Creating, issuing, and tracking purchase orders |
Inventory-Linked Replenishment | Auto-triggered reorders based on stock levels |
E-Procurement Solutions Integration | Using ERP or procurement platforms (SAP Ariba, Coupa, etc.) |
Blanket Orders & Just-in-Time (JIT) Procurement | Scheduling recurring supplies with minimal inventory holding |
Sub-Segment | Description |
Vendor Onboarding & Registration | Establishing new supplier accounts and agreements |
Performance Monitoring & Scorecards | Periodic evaluation of vendor delivery, quality, and responsiveness |
Issue Escalation & Conflict Resolution | Managing disputes and non-performance situations |
Supplier Development Programs | Training and support to improve vendor capability |
Strategic Partnership Management | Building long-term collaborative supplier relationships |
Sub-Segment | Description |
Spend Tracking & Budget Adherence | Real-time procurement cost monitoring and control |
Cost Savings Reporting | Highlighting actual vs. target savings |
KPI Dashboards | Visual tracking of procurement metrics (on-time delivery, savings, compliance) |
Supplier Risk Scorecards | Proactive risk management based on delivery performance, solvency, etc. |
Tail Spend Analysis | Managing and reducing low-value, high-volume purchases |
Sub-Segment | Description |
Procurement Policy Development | Creating sourcing guidelines aligned with business and regulatory needs |
Compliance with Regulatory Standards | Ensuring adherence to tax, labor, environmental, and anti-bribery laws |
Internal & External Procurement Audits | Evaluating processes for transparency, fraud prevention, and efficiency |
Ethical Sourcing & Sustainability Compliance | Enforcing fair trade, green procurement, and corporate social responsibility |
Conflict of Interest & Vendor Independence Management | Ensuring transparency and ethics in vendor dealings |
Sub-Segment | Description |
ERP Procurement Module Implementation | Setup and configuration of SAP, Oracle, MS Dynamics, etc. |
E-Tendering / E-Bidding Platforms | Digitizing vendor selection and bid evaluation processes |
Catalog Management Systems | Centralizing product/service listings from preferred suppliers |
Blockchain for Procurement Transparency | Immutable records for contracts, delivery, and payment terms |
AI/ML in Procurement | Predictive analytics for demand, pricing trends, and supplier risk |
Sub-Segment | Description |
IT & Software Licensing Procurement | Negotiating with vendors for software and SaaS platforms |
Facilities Management Procurement | Sourcing cleaning, security, HVAC, and other services |
CapEx Procurement Support | Procuring machinery, infrastructure, and large-scale investments |
Marketing & Event Procurement | Engaging creative agencies, venues, and promotional vendors |
Consultancy & Professional Services Sourcing | Onboarding external experts, trainers, or advisory services |
Sub-Segment | Description |
Inbound Logistics Coordination | Managing deliveries and customs clearance |
Freight & Carrier Negotiation | Securing cost-effective and reliable transport services |
Delivery Scheduling & Expediting | Coordinating timely deliveries based on project needs |
Warehouse Management Integration | Ensuring alignment of deliveries with storage capacity |
Reverse Logistics Support | Handling returns, repairs, or recycling of procured items |
