Managing Purchases

Managing purchases necessitates a professional approach. KredTrade will assist you in effectively managing your purchases in India by conducting product-specific research for your requirements. We will also help you manage your inventory and ensure that you receive the shipments on time.

Managing Your Bulk Purchases

Managing bulk purchases or year-long contracts can be a cumbersome process. Therefore, it’s essential to take care of every aspect to leverage the entire process efficiently.
KredTrade helps you in –
● Getting timely procurements which help in keeping track of transit time.
● Keeping an eye on the entire procurement process and ensuring that bulk purchases are managed seamlessly.
● Procurement from multiple manufacturers in cases where a single vendor cannot fulfil the order.

Inventory Management

Inventory size plays a vital part in managing purchases and there can be various difficulties that can arise if the inventory is poorly managed.
KredTrade helps you in
● Inventory optimization to ensure the shipments are received as per schedule
● Keeping a safety stock of inventory to help you when demand-supply fluctuates
● Keeping inventory up-to-date and detecting loopholes in the early stages

Quality Research

Managing purchases involves robust research. Whether it is competitor pricing, time involved, or quality of materials that will be procured research plays a vital role.
We help you in –
● Conducting detailed research about manufacturers, their location, the type of materials they offer.
● Checking material quality delivered by the suppliers and researching delivery time lag, lead time to bring forth the best to fulfill your purchasing needs.
● Researching and analyzing the competitive prices and putting forth multiple quotations to choose from.

Vendor Management

Understanding and keeping up with the vendor profiles is crucial in maintaining healthy relationships and ensuring smooth deliveries of quality materials at each procurement stage.
We aid you in –
● Documenting and integrating all the information about all the suitable vendors across India
● Vendor management and giving you varied choices from a pool of vendors
● Compiling and giving you the consolidated vendor related information in one place to enable effective decision-making

What Makes KredTrade An Ideal Partner In Managing Your Purchase?

Cost Effectiveness

We will aggregate a pool of efficient vendors and manufacturers of goods from various locations with best industry quotes.

Negotiating with suppliers

We enable smooth negotiation with suppliers & offer you multiple quotations to ensure clarity in the requirements and set expectations with all the paperwork done to lessen your burden.

Explore manufacturing units as per requirement

We make sure to scan manufacturing units according to your specifications and requirements to bring in the most suitable and cost- effective materials for your needs.

Communication

We enable smooth and effective communication between the vendors and buyers to reduce the gaps and miscommunication for an effortless process flow.

Save time

Procuring materials can be a cumbersome & time taking process. Therefore, we endeavor to adopt the practices to track and receive orders through dedicated systems, which ultimately curtails a lot of time and effort.

Provide you legal protection

Our purchase management involves legal protection from unforeseen situations by providing legal purchase orders which aim to preserve the relationship with vendors in case of disputes.