The project eliminates aberrations , malpractices, reduction in procurement
process' in the existing procedure. HCL Infosystems implemented eProcurement
System on Indian Railways covering 16 Zonal Railways & 6 production units along
with CRlS, www.ireps.gov.in was launched in Aug. 2008. The offerings stack
includes e-Requisition, e-Tendering, e-Auction, e-Contract Management,
e-Shipment Planning and Monitoring System, e-Receipt and Issuance, e-Payments
etc. It provides secure and transparent platform for publication of tenders by
buyer and on line bidding by vendors. The site provides a secure platform to
users for online transactions for procurement. Railway users can upload their
tender documents and can open tenders online. Vendors can access the tender
documents through this site and submit their bids online duly encrypted at their
end. IREPS site is being used extensively for procurement of materials by all 16
zonal Railways offices and 6 production units. More than 80,000 tenders have
been uploaded by various offices till date. Presently more than 10,000 tenders
per month are being uploaded by Railways. Benefits observed are reduced
procurement time cycle and efficiency, reduction in tabulation time from 23 days
to instantaneous with tender opening, reduced time for dispatch of tender
documents, technical scrutiny etc. by 50%.
Project Specs |
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Implementation Partner HCL infosystems |