TradeBRICS
TradeBRICS is an online procurement platform that connects global B2B buyers with trusted African suppliers, facilitating efficient sourcing.
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Description
TradeBRICS is an innovative online procurement platform designed to connect global B2B buyers with a network of trusted African suppliers. The platform has successfully facilitated over $150 million in transactions, highlighting its capability to streamline sourcing from compliant suppliers.
Key functionalities include:
- Supplier Management: Users can efficiently manage and interact with suppliers, ensuring a smooth procurement process.
- Access to Supplier Information: The platform provides up-to-date and relevant information about suppliers, enhancing decision-making.
- Online Sourcing Events: Businesses can host sourcing events online, allowing for competitive bidding and transparency throughout the process.
TradeBRICS also assists organizations in complying with government regulations to ensure best practices in procurement. Moreover, it promotes inclusivity by supporting various types of suppliers, including black-owned, woman-owned, and youth-owned enterprises, as well as SMEs and OEMs.
Another significant advantage of TradeBRICS is its focus on mitigating supply chain risks through the onboarding of alternative suppliers, ensuring that businesses have reliable options at their disposal. This capability not only drives cost savings through competitive bidding processes but also enhances the overall robustness of the supply chain.
Overall, TradeBRICS serves as a vital tool for businesses looking to optimize their procurement activities while contributing to the growth of African suppliers.
Features
Streamlined Supplier Management
Efficiently manage and interact with suppliers to facilitate a smooth procurement process.
Access to Up-to-Date Supplier Information
Real-time information about suppliers to enhance decision-making.
Host Online Sourcing Events
Facilitate competitive bidding and transparency through online events.
Compliance with Government Regulations
Ensure procurement practices align with necessary regulations and standards.
Support for Inclusive Suppliers
Promote engagement with black-owned, woman-owned, and youth-owned enterprises, as well as SMEs and OEMs.
Mitigation of Supply Chain Risks
Facilitate onboarding of alternative suppliers to enhance supply chain resilience.
Cost Savings through Competitive Bidding
Drive cost efficiency by allowing suppliers to bid competitively for contracts.
Tags
Documentation & Support
- Documentation
- Support
- Updates
- Online Support