I²Logi takes care from the very first step of the procurement process providing on line access to product catalogs and contract information from approved vendors. The web environment streamlines the procurement process, eliminating time consuming orders placement forms, purchasing delays related to product research, responding faster to requests, changes and business opportunities.

I²Logi paperless processing structure improve the accuracy and productivity of the procurement system, consolidating vendor purchases for potential volume discounts, reducing costs through pricing comparisons (even historically), monitoring supplier performance and integrated with the required financial settlement

I²Logi easy-to-navigate interface offers an extensive collection of on-line status reports and customizable alarm triggers, increasing management visibility and control over the procurement process.

The I²Logi Procurement creates a market place for customers and vendors storing information about Companies and their products, no matter at what logistic level. Products are stored with historical data, allowing the prices and purchasing conditions to be assessed at any given time.

I²Logi open architecture can be easily integrated with any existing legacy system, establishing extranet relationships with suppliers’ ordering systems, as well as with products requesters.

I²Logi reverse bid quotation process brings the web advantage to the on line purchasing, allowing suppliers to bid on a low price model, guaranteeing that the I²Logi user will receive the best deal available.

I²Logi system parameters can be configured to become a self-service ordering and purchasing system. Authorized users can request a product and I²Logi will prepare the quote, automatically select the supplier (upon system parameters, as price, delivery time, etc), issue the Purchase Order and commit the expenditure with the accounts payable system. Received invoices are matched to the appropriate PO and checked for approval.

I²Logi stored operational data is available for several types of analysis, from historical reporting and performance monitoring, to commitment management, budgeting, and forecasting.

Key Functions

• Web-enable Material Acquisition Request
• Multi Vendor Quotation and Reverse Bid model
• Automatic Supplier Selection
• Time Triggered Purchase Order
• Contract’s Data follow-up
• Accounts payable conciliation
• Goods receipt Inspection
• Warehouse Management
• Cargo inspection
• Packing and cargo consolidation
• Shipping Documentation, complying with international standards

Features

• Product Repository Module
• Relationship Repository Module (suppliers, manufacturers, vendors, customers, atc)
• Order Workflow
• On line collaboration
• Material request
• Request for Quote
• Purchasing
• Documentation
• Financial Settlement
• Inspection and tracking
• Warehousing
• Shipping