Dalmia Cement digitizes Procurement Landscape with leading solution `VENDX’ – The Future of Procurement’.
Termed as the “Project प्रGATI” – Towards Overall Efficiency, this project is a journey to Standardize the Procurement Process through Digitization to Reduce Transaction Time, Cost Saving, Building Transparency, Accountability in Decision-Making & Ease in Audit Process. VENDX, will add significant value to the Procurement function at Dalmia by improving Information Intelligence with its Embedded Analytics and ensuring significant reduction in transactional efforts through end to end digitization of the entire sourcing process to achieve highest compliance in this sensitive business function.
By adopting VENDX, as a tool for Procurement Digitization, Dalmia Bharat Group is paving a path for Cement companies to adopt Digitization. VENDX is arguably the only E-Procurement Solution that can seamlessly Integrate with leading ERPs including SAP (all versions including HANA), Oracle & Infor and facilitates centralized and decentralized sourcing function across multiple Plants, Categories & Projects for materials & services.
The Agile Implementation & product team of MavenVista Technologies Pvt. Ltd. carried out the implementation of one-of-its-kind VENDX PR to PO Landscape, seamlessly integrated with SAP S/4 HANA at all the 13 Cement Plants of Dalmia Cement Limited in shortest possible time.
Team MavenVista Technologies Pvt. Ltd. took complete Ownership of the Project, to ensure standardization of the entire sourcing process based on best prevalent practices to consistently ensure speed, optimum price discovery & best compliance.
On 16th January 2020, the E-Procurement Solution VENDX went live across all the plants of Dalmia in India, facilitating Dalmia Management with complete Visibility of the entire Sourcing process from a single point, 24*7, from any part of the world.
In picture Mr. Puneet Dalmia, Managing Director – Dalmia Bharat Group (on TV), Mr. Mahendra Singhi, the Managing Director and CEO of Dalmia Cement (Bharat) Limited (on TV), Mr. Suhrid Shah, CEO – MavenVista Technologies Pvt. Ltd., Mr. Saurabh Palsania President Commercial and representatives/stakeholders from all the 13 plants across 9 geographical states.
Before selecting MavenVista Technologies Pvt. Ltd. as their Technology Partner, Dalmia Bharat Group did an extensive evaluation of various Indian as well as leading Global Procurement Solution Providers. After running Proof of Concept (POC) to ensure practical evaluation of all the desired parameters, Dalmia Bharat Group found VENDX as the most suitable Procurement solution to most effectively meet their organizational objectives and for its ease of adoption.
The Procurement Team of Dalmia Bharat Group also won the Award of Best Procurement Transformation of the Year 2019, for their various initiatives for improvement of procurement function at the reputed Express Logistics & Supply Chain (ELSC) Conclave 2019, held at Mumbai on 7th and 8th October.
Established in the year 2000, MavenVista Technologies Pvt. Ltd., an ISO 27001:2013 and ISO 9001:2015 Certified Company has evolved this award winning procurement solution, VENDX, which has begged many coveted awards over the years like Best Procurement Solution of the Year 2019, Best Procurement Service Provider of the Year 2018, CIO Choice, Most Innovative SME, Best E-Procurement solution & many others. VENDX, today claims to have the highest number of successfully ERP integrated installations in India across geography & industries.
