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Rich Products Corporation | Internal Procurement System

Inspiring Procurement Excellence

Empowering Rich's procurement team with real-time reverse auctions, streamlined vendor management, and intelligent automation. One platform to drive cost savings and operational efficiency across our global operations.

8.5%
Avg. Cost Savings
3 Hrs
Avg. Auction Time
250+
Active Vendors
100%
Digital Coverage

Your Complete Procurement Suite

Every tool you need to manage Rich's logistics procurement from vendor onboarding to payment processing.

Vendor Management

Manage our carrier network with centralized vendor profiles, KYC verification, performance tracking, and lane-specific eligibility controls.

Reverse Auction

Run competitive bidding events with real-time transparency, automated L1 selection, and instant notifications to drive best pricing for Rich's shipments.

Rapid Sourcing

Accelerate sourcing decisions from days to hours with automated workflows, multi-channel alerts, and streamlined approval chains tailored for Rich's operations.

PO Automation

Auto-generate purchase orders from auction results with built-in maker-checker workflows and seamless vendor acknowledgment for full audit compliance.

Invoice Management

Streamline invoice processing with 3-way match validation, GST compliance checks, duplicate detection, and automated payment tracking for financial accuracy.

Analytics & Insights

Track Rich's procurement performance with real-time dashboards, vendor scorecards, cost analytics, and comprehensive reports for strategic decision-making.

Vendor Portal Features

A comprehensive platform for our vendor partners to participate in auctions, manage orders, and track performance.

Live Bidding

Participate in real-time auctions with auto-bidding capabilities, instant rankings, and competitive intelligence to win more business.

Order Management

View and acknowledge purchase orders instantly, upload proof of delivery, and track shipment milestones end-to-end.

Invoice Submission

Submit invoices digitally with automated validation, track approval status, and manage payment schedules seamlessly.

Performance Tracking

Monitor your performance metrics including OTIF scores, participation rates, and auction win statistics to improve service quality.

Real-time Notifications

Stay updated with instant alerts for new auction invitations, award notifications, PO updates, and payment confirmations.

Business Analytics

Access comprehensive dashboards showing revenue trends, bid analytics, and performance insights to grow your partnership with Rich's.

Ready to Get Started?

Access Rich's Procurement Portal to manage auctions, vendors, purchase orders, and drive operational excellence across our supply chain.