Enventure has a cross functional Procurement engineering team that supports customers in purchase of engineered commodities and package units for Process Plants from the global market. The team has extensive understanding of the global supply base and procurement best practices, apart from good fundamental and technical knowledge in various engineering disciplines.
Starting with understanding general procurement specifications, the team initially prepares a technical procurement package. Based on the specifications, we identify suitable suppliers from an Approved Vendor List (AVL) or from a global supply base, considering the key vendor qualification criteria that the customer may have. Based on these criteria, technical bids are requested from the vendors, which go through a detailed Technical Bid Analysis (TBA) by our team. Following this analysis and a technical bid evaluation, we prepare final purchase specifications, which are considered as Issued for Purchase (IFP) documentation.
The Enventure team also assists clients during negotiations, and issues of purchase orders. Vendor drawings and documentations also always go through various stages of review and approval by our procurement engineering team.