Biztimize SRM gives procurement teams a structured, end-to-end workspace for managing supplier relationships — from onboarding a new vendor through competitive bidding, evaluation, award, and purchase order creation.
What You Can Do
- Maintain a centralised Supplier Master with contact details, certifications, categories, and performance history.
- Run RFQs (Requests for Quotation) to multiple suppliers simultaneously, collect quotes, and compare them in a structured comparison table.
- Issue RFIs (Requests for Information) for technical clarification before committing to a formal tender.
- Evaluate suppliers with configurable Evaluation Templates — Technical and Commercial scoring by an Evaluation Committee, with a Two-Envelope method, qualification gate, and composite weighted ranking.
- Convert awarded RFQs to Purchase Orders in one click, preserving all quoted prices and delivery terms.
- Give suppliers a self-service portal to submit quotes, acknowledge POs, upload invoices, and track payment status without email back-and-forth.