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FAQ

FAQ are a set of questions generally asked by the organizations who want to avail the offers posted on the website, where the organizations can involve in e-trade, on-line auctions and all kinds of business deals. By glancing through the questions, one can get a clear picture of the website and the services we offer. We have tried to answer a number of useful and valid questions which might bother our users, so that they can enjoy the most efficient usage of our website.

FREQUENTLY ASKED QUESTIONS

1.       What is indiaplyweb.com?

2.       What is an online market place?

3.       Why is an online procurement community needed in timber related industry?

4.       How is indiaplyweb.com different from other websites that offer an online marketplace?

5.       Will indiaplyweb.com recognize my company's negotiated contracts with suppliers?

6.       What type of organizations are indiaplyweb.com members?

7.       Who in my organization should use indiaplyweb.com?

8.       What type of products can I buy or sell on indiaplyweb.com?

9.       What type of services can I avail on indiaplyweb.com?

10.   What types of transactions does indiaplyweb.com support?

11.   What do I need to do to get the indiaplyweb.com solution deployed in my organization?

12.   Does indiaplyweb.com support global business transactions? How are issues like currency exchange and customs managed?

13.   Does indiaplyweb.com support confidential transactions?

 
1. What is indiaplyweb.com?

Indiaplyweb.com is the vehicle for timber and associated companies and their suppliers to develop a powerful global online procurement community catering to the Indian market. Our mission is to be the best operating vehicle for this community, improving the business performance of our member organizations by providing e-transactions and knowledge-based & fulfilment services that help to reduce the total cost of ownership for purchased goods and services. We link buyers and sellers of timber and associated products and services to deliver greater variety, easier transactions and better information. We provide integrated procurement solutions that enable buyers and sellers to transact via online catalogues and auctions. Over time we will also provide a comprehensive range of fulfilment services (e.g. quality assurance, finance & insurance, and logistics & supply chain), tools, resources and community services that will enable the members to manage their purchasing and sales activities more effectively.

 2. What is an online marketplace?

An online marketplace, often referred to as a procurement portal, connects buyers and suppliers on the internet. The backbone of an online marketplace is its transaction platform, an advanced software application that lets users search online catalogues, participate in online auctions, complete transactions, and automate manual tasks. This application often links to existing systems (such as an ERP system) in your enterprise, to further automate activities between you and your buyers or suppliers.

3. Why is an online procurement community needed in timber related industry?

Costs for purchased goods & services represent a significant percentage of the total operating expenses for all timber and associated products industries. That percentage is higher when costs related to the process of procurement are considered. These are costs associated with identifying the right supplier and processing paperwork; transporting goods and services: and holding inventory over time. Moving procurement to the internet can significantly reduce TCO for key inputs by automating manual tasks, enlarging the universe of trading partners (thereby increasing opportunity), and enabling greater opportunity for aggregate purchasing and collaboration. For example, buyers benefit from expanded access to a greater number of suppliers, and from increased speed and effectiveness during the sourcing and purchasing process. Suppliers can reduce printing and distribution cost by publishing their catalogues electronically, in a central repository on the online marketplace. Both buyers and suppliers benefit from reduced administrative costs because online marketplaces automate many of the steps in the procurement process, but more importantly gain a greater amount of time to focus on more value-added activities involved in trading. In addition, there are significant benefits in bringing together distinctive knowledge and skill in a wide range of purchasing areas.

4. How is indiaplyweb.com different from other websites that offer an online marketplace?

a) Indiaplyweb.com offers a strong business platform

b) We are dedicated to the timber, wood and related industry

c) We are focused on procurement of services for buyers and suppliers

d) We deliver a comprehensive suite of services

e) We offer a network of global buyers and suppliers

f) We offer a market-leading, open technology platform

a) Indiaplyweb.com offers a strong business platform

Indiaplyweb.com believes that buyers and suppliers in the timber, wood and related products industry benefit most when their trading relationships are collaborative and dynamic. To that end, indiaplyweb.com enables members to do much more than conduct catalogue based transaction. Members can participate in auctions and aggregate buying, share ideas and exchange best practices, and access relevant tools and information.

b) We are dedicated to the timber and associated products industry

Indiaplyweb.com was founded with the single purpose of eliminating inefficiency across the entire purchasing value chain for the timber and associated products industry. We are here to assemble world class manufacturers and suppliers and accumulate the vast Indian industry-specific knowledge to achieve this purpose.

c) We are focused on procurement (OF WHAT?)

Indiaplyweb.com understands that there are many pressure points in managing procurement in the timber and related industry, an incredibly complex and price-squeezed industry, and one in which procurement is a major proportion of revenues (approximately 65%). And we believe that there are many more commercial opportunities to eliminate unnecessary costs from the equation, particularly through leveraging customers on the internet, and aim to equip our members with a powerful set of transaction, fulfilment and knowledge services and tools that enable them to do so.

d) We deliver a comprehensive range of services

No other procurement solution matches indiaplyweb.com's current offer, or presents a vision that is quite as compelling. Members can use indiaplyweb.com to publish and search online product catalogues, compare supplier prices, place purchase orders online, and conduct forward and reverse actions. Members who integrate our solution with their ERP systems can also use indiaplyweb.com to manage purchase orders, track status of orders, and manage invoicing. This is, however, only a base offering. We are building a comprehensive range of fulfilment services and knowledge applications relevant to your business to help you manage operating capital expenditures. We also offer industry news and market insight to help keep you up to date on the timber and associated products industry with our news and events section.

 e) We offer a network of global buyers and suppliers

The indiaplyweb.com community includes India's largest timber and associated products industry and their suppliers. These organizations represent diverse geographical regions and sectors of the timber and associated products industry. The website provides an ideal environment for suppliers to market their products and services, and for buyers to obtain the best prices from qualified suppliers.

In addition to the network of members in the indiaplyweb.com community, we are also leading the way to ensure inter-operability across all other markets. The result is a winning solution for all trading partners: the widest selection of buyers and the largest market for goods and services.

f) We offer a market-leading, open technology platform

We know that a solid platform for technology is the key to completing transactions successfully. Our technology platform also delivers unparalleled flexibility. Not only is it possible to access and trade across the timberhunt.com community with a standard browser, but it is also simple to create a deeper integration into your ERP systems. The open standards of the platform mean that indiaplyweb.com can talk to any enterprise-wide buying system. This enables companies of all sizes to participate, no matter what their level of e-commerce readiness may be.

 5. Will indiaplyweb.com recognize my company's negotiated contracts with suppliers?

Yes. In fact, contract-driven purchases are facilitated by indiaplyweb.com. Since factors such as price and payment terms have already been determined, the entire process is automated, and this can support your contracts already negotiated.

 6. What type of organizations are indiaplyweb.com members?

Indiaplyweb.com members range in size from small companies to large multi-national conglomerates. The indiaplyweb.com community includes timber and all associated products including veneer, direct materials, logistics services, MRO services, utilities, and capital equipment.

 7. Who in my organization should use indiaplyweb.com?

For the organizations which purchase the products, indiaplyweb.com provides solutions and content that meet the needs of people ranging from senior executives and mid-level managers in the purchasing or procurement departments, to line staff who need to get parts on time to ensure continued delivery of timber and associated products. In case of organizations selling the products, typical users are senior executives, mid-level managers, and line staff in the business development, direct sales, channel sales, and marketing/e-catalogue management departments.

8. What type of products can I buy or sell on indiaplyweb.com?

Indiaplyweb.com aims to meet all the procurement needs of the manufacturers of timber related products. Suppliers can offer raw materials, capital equipment, MRO services, insurance and financial products and logistic services.

9. What type of services can I avail in indiaplyweb.com?

Our services include helping in finance & banking by providing built-in online payment function ability to buyers using purchasing cards to deal with and buy products from suppliers. We provide inspection agencies to our registered members.

10. What type of transactions does indiaplyweb.com support?

 a) Direct buying from online catalogues...

 b) Forward and Reverse Auction services...

 c) Aggregate Buying Services...

 
a) Direct buy from online catalogues ...

Suppliers increase their exposure to buyers by publishing their catalogues electronically with indiaplyweb.com. It's easy to upload your catalogue initially, as well as update the content over time.

b) Forward and Reverse Auction services...

Sellers often use forward auctions to sell slow-moving, excess or obsolete inventory items or distressed/returned merchandise. In this model, there is a single seller and many potential buyers. Buyers use the reverse auction model when products/services are not available in a catalogue or covered in a contract, or when contracts need to be negotiated. Here, there is a single buyer and many potential suppliers.

c) Aggregate Buying Services...

Indiaplyweb.com offers a demand aggregation service to buyers interested in specific product categories. We use the combined purchasing power of our customers to negotiate volume discounts with key vendors in broad product markets. In our model, timberhunt.com will either negotiate a 'sliding' scale volume discount structure with several vendors; or, we will use a reverse auction format and ask vendors to bid on the combined volume purchase.

11. What do I need to do to get the indiaplyweb.com solution deployed in my organization?

To complete transactions or take advantage of services offered by indiaplyweb.com, you need to join the indiaplyweb.com network of buyers and sellers. This involves a quick registration process and close support from the indiaplyweb.com Customer Service team. To learn more about how it works & the benefits offered to buyers & suppliers see the "Listings" options.

12. Does indiaplyweb.com support global business transactions? How are issues such as currency exchange and customs, managed?

Indiaplyweb.com solutions leverage the internet's ability to eliminate traditional barriers to global trade. In fact, indiaplyweb.com solutions provide enough flexibility so that members may conduct transactions with companies, half-way round the world, or just a few miles away from them. Currently, indiaplyweb.com relies on its staff of service specialists to support issues such as currency exchange and customs. If you would like to find out more, please mail us at info@indiaplyweb.com.

13. Does indiaplyweb.com support confidential transactions?

Yes. Indiaplyweb.com offers a neutral platform for its online community. All indiaplyweb.com transactions are strictly confidential between the buyer and the seller, so that only the two parties concerned can see the prices, terms and other restricted information.