TenderBazar.com - Largest Tender Portal of Bangladesh

Presenting

tenderbazar.com The largest online tender portal in Bangladesh

t e n d e r b a z a r . c o m t e n d e r b a z a r . c o m t e n d e r b a z a r . c o m

who we are

benefits what you get

milestones our journey

target market

us-vs-them how we are different

unique how we are different

service how we deliver

future aspirations

who we are

TenderBazar.com, an initiative of Synesis IT, is the largest online platform that brings the bidders/suppliers and inviters/procurers together

to exchange business procurement information.

TenderBazar.com collects public procurement information from various sources (mainly daily newspapers) and then through a streamlined process of sorting, sealing, cutting, scanning, uploading, interpreting and QA, it

publishes all tender information in the portal and notifies

subscribers based on their product/service preferences through email and SMS.

who we are

Utilizing state of the art technology, TenderBazar.com interprets tender information in such an innovative way (i.e. translation engine, automatic product mapping tool etc.) that

ensures 100% accuracy and provides subscribers the guarantee of not to miss any single tender ever.

TenderBazar.com also serves as a knowledge hub of public procurement information through tender analytics reporting engine that helps subscribed members to

develop their understanding of tender related market trends.

TenderBazar.com gives space to all government and private procurers to

publish their tenders online and ensures delivery of tenders to the targeted bidders/suppliers.

TenderBazar.com also facilitates the activities of monitoring bodies of public procurement by generating various types of analytical reports.

benefits

All Tenders in One Place: TenderBazar.com brings tender information from different sources into one place where users can access them without undergoing the hassle of searching for them.

Assurance to Miss Not a Single Tender:

TenderBazar.com is the only portal that gives its customers 100% assurance that here no customer will miss a single tender.

Never Sends Irrelevant Tenders:

TenderBazar.com sends notification to its customers that really match with their needs whereas other tender portals frequently send irrelevant tenders. TenderBazar.com can ensure it because of its innovative translation engine and product mapping tool.

Smart Product Categorization and Robust Searching Facilities:

TenderBazar.com articulates all products in a meaningful group and sub-group in a tree like structure, from where users can easily access desired items without any hassle. Also, its strong search engine gives users ultimate ease and comfort with generic and other searching (searching using synonyms).

Reminder Facilities and Readymade Reports:

TenderBazar.com not only sends notifications but also reminds users regarding upcoming tender events as well as provides various analytical reports that helps bidders to know the market trend.

User Friendly Web Interfaces: Its user friendly web interfaces attract even a novice user to interact.

what you get

Whatever the services TenderBazar.com is now providing to its customers is providing with utmost quality and complementing customer’s needs.

“TenderBazar.com is such an one-stop place where bidders can find their all desired tenders.”

Current Benefits: • Coverage of all tender sources • No missing of tenders • 100% accuracy in tender interpretation • Tender notification through SMS and Email • Superior tender image quality • Not sending irrelevant tenders • Notification by 12:00 pm every day (even all weekends and holidays), the fastest in the industry • Easy search tool that enables members to find desired tenders • Analytical reports that can help bidders to grow their business knowing market insights • Relating corrigendum with original tenders • Providing access to tender archives • Prompt customer care services • Personalized tender space in the web

Future Benefits • Procurers can publish tenders online • Facilities to pay online • Sending tender notification through fax • A complete knowledge hub of public procurement information for bidders, inviters, monitoring bodies, researchers, policy makers, donor agencies etc.

benefits what you get

Tenderbazar.com was commercially launched in June 2011 after a 3 years long research and development.

Date When Project Conceived: March 05, 2009

Launch Date of the Project: June 15, 2011

Project Completion Date: December 31, 2010

Other Important Dates & Events During the Journey End of Market Survey and Competitor Analysis: May 15, 2009

Completion of Preparing Business Plan: July 30, 2009

Completion of Database Design: December 31, 2010

Completion of UI Design (Back-Office): June 30, 2010

Completion of UI Design (Online Portal): March 15, 2011

Collection and Compilation of Various Contents: April 15, 2011

Finalization of Various Policies and Procedures: May 15, 2011

Start Date of Tender Interpretation: January 01, 2011

Start Date of Total Operational Piloting: May 15, 2011

End Date of Total Operational Piloting: June 14, 2011

milestones our journey

2009

2010

2010

2010

2010

2011

2011

target market

FOR BIDDERS/SUPPLIERS:

TenderBazar.com collects all tender information from various sources, compiles all those in a single place and finally after interpretation utilizing its own translation engine, it sends tender notifications to bidders via email, SMS and portal. Not only that it always reminds the bidders about what to do and when. TenderBazar.com also serves as a knowledge hub on tender information through its Tender Analytics reporting tool that helps bidders to understand tender related market trends.

FOR INVITERS/PROCURERS:

TenderBazar.com gives space to all procurers (both govt. and private) to publish tenders and ensures delivery to the targeted bidders. This online service ensures inviters to publish tender with extensively less cost and eliminates delay unlike traditional media (such as newspapers). Alternatively, procurers can also organize, manage, archive tenders here and create reports of their ongoing and previously published tenders according to projects, source of fund, budget etc.

FOR GOVERNMENT

MONITORING BODY / RESEARCHERS / POLICY

MAKERS: Through tender analytics module, TenderBazar.com can serve government monitoring body to keep an eye on tender publications with a holistic view and assess compliance with Public Procurement Act, such as, which EOI gives less or excess time to submit as per the rule of PPR 2008 or does a tender follow publication guidelines while publishing in newspaper etc.

On the other hand, TenderBazar.com can also help researchers/policy makers regarding public procurement by providing various analytical reports like tender trend analysis, geographical distribution of tenders, govt. vs. private tenders, local vs. international tenders, time series analysis etc.

target market

Bidders (who actually participate in Tenders) from different industries are availing the services of TenderBazar.com.

Right now (as of 09/09/2011) there are more than 2339 bidders availing the services of

TenderBazar.co and as per market demand analysis this figure will be minimum 6,000 and 12,000 at the end of year 2011 & 2012 respectively.

INDUSTRYWISE MEMBER DISTRIBUTION Industry Name

# of bidders as of 09/09/2011

Agro/Fisheries/Forestry/Food/Feed 96

Art/Craft/Fashion/Entertainment 20

Automobiles/Vehicles/Transportation 128

Business-Support/Professional Services 171

Chemicals/Fertilizers/Paints/Dyes 47

Construction/Building Materials 87

Construction/Infrastructure Works 177

Consultancy/Intellectual Services 94

Electrical Systems/Energy/Power/Gas 169

Electronic & ICT Products 261

Furniture/Interior-Design/Decoration 66

Garments/Apparel/Textiles 50

Hardware/Spares/Mechanical Tools 11

Health, Medical & Pharmaceuticals 119

Household Appliances/Supplies 9

Jute/Leather Goods 60

Machineries/Equipments/Instruments/Plants 112

Metals, Mines & Minerals 26

Office/Stationeries/Educational Supplies 34

Physical/Labor-Intensive Works 8

Plastic/Rubber/Synthetic Goods 11

Printing/Publishing/Packaging/Binding 60

Software/Hardware/ICT/Telecom 413

TenderBazar.com is going to launch another service at the middle of October 2011 where inviters/procurers (organizations who float/publish tenders) themselves can publish tenders online at TenderBazar.com. Design and development of this new service has already been completed.

Region Total # of Subscribers till

09/09/2011

Dhaka Division 1981

Chittagong Division 173

Rajshahi Division 58

Khulna Division 48

Sylhet Division 34

Barisal Division 15

Outside Bangladesh 30

Total Active Subscribers 2339

us-vs-them how we are different

FEATURES OTHER COMPETITORS TENDERBAZAR.COM

Missing of tenders Frequently No complaints from customers

Sending irrelevant tenders Frequently sends No complaints from customers

Keyword Search Not always give correct results Always gives correct results

Synonym Search Not present Strongly provides

Can relate corrigendum/cancellation notice with original tender

Never Always

Advanced Tender Search Very poor Very rich

Product categorization Flat and unorganized Maintain group and sub-group with tree

line structure and well organized

PPR Compliant? No Yes

Interpretation 100% human dependent and

erroneous

Most system dependent and almost correct

Operation Closes in weekend and holidays Ensure nonstop service

Favorite tender listing Not provision Having provision

Access to Tender Achieves No access Have access

SMS notification No provision Have provision

Have reminder facilities? No Yes

Tender Calendar? No Yes

Inviter Based Notification? No Yes

Time commitment about publishing tenders No By 12 pm

Quality tender image Very poor Moderate

Tender Analytics helps government bodies, researchers,

etc. analyze market trends and monitor tender market

TRANSLATION ENGINE AND PRODUCT MAPPING TOOLS ENSURE BIDDERS NOT TO MISS EVEN A SINGLE TENDER: All other portals in Bangladesh 100% depend on human memory i.e. here every interpreters must memorize millions of tender products which is almost impossible for a person. That’s why they always do mistakes to map tenders with relevant products whereas TenderBazar.com does not depend on interpreter’s memory, it depends on its Back Office (BO) translation engine, product mapping tools and its extensively rich product dictionaries. Here there are two types of challenges. The first challenge is to translate tender title, since more than 50% of tender’s content is in Bengali. TenderBazar.com resolves this first challenge through its translation engine. For example, a tender is published in Bengali language. If we write its Bengali title in English phonetics the title becomes ‘Kitnashok Shoroboraho’. Here ‘Kitnashok’ means ‘Pesticides’ and Shoroboraho’ means ‘Supply’ so if we translate it the title should be ‘Supply of Pesticides’. Here the interpreter will not translate, he/she will just write original Bengali title in English phonetics i.e. ‘Kitnashok Shoroboraho’. Now it is the responsibility of translation engine to convert it in appropriate English format as ‘Supply of Pesticides’. Not only that when user types ‘Kitnashok’ the system will display two synonyms of ‘Kitnashok’ i.e. ‘Pesticide’ and ‘Insecticide’ with Bengali meaning in Bengali letters. Now the second challenge comes i.e. the mapping of products. Here also the system will automatically find out relevant products from the database once the title is completely typed. In this case, the system maps this tender with ‘Agrochemicals/Fertilizers’ product because both the words ‘Pesticide’ and ‘Insecticide’ are stored as a bi-product of ‘Agrochemicals/Fertilizers’ product group. This is one of the most innovative parts of TenderBazar.com. Right now, both product dictionary as well as the translation engine has become so rich that they ensure almost 99% accuracy in translation and product mapping without human intervention unique how we are different

INVITER BASED NOTIFICATION SERVICES: All other portals in Bangladesh can only send tender notification (not 100%) based on the bidder’s product preference; where as there are some bidders who want tenders against organization (not based on product preferences), locations etc. TenderBazar.com is the only portal which can complement all these types of needs with 100% accuracy.

SYNONYM SEARCH: TenderBazar.com is the only portal which supports synonym search. For example, if a user wants to find tenders typing ‘PC’ in the search box, tenders whose title comprises the word ‘computer’ will be displayed in the search results. In other tender portal the search results cannot retrieve that tender because its title does not contain the word ‘PC’.

TENDERBAZAR.COM SERVICES NEVER CLOSES: TenderBazar.com runs 7 days in a week. It never closes its operations even in weekend and holidays unlike other portals.

RELATING CORRIGENDUM/CANCELLATION NOTICE WITH ITS ORIGINAL TENDER: Only TenderBazar.com can relate any corrigendum or cancellation notice with its original tender. As a result, respective bidders can be notified if any corrigendum/cancellation notice published..

TENDER ANALYTICS: It is a repository of various MIS reports that facilitates not only the bidders and inviters, but also the wider community like researchers, policy makers, donor agencies, development partners, media and citizens for analyzing market trend and various tender statistics.

unique how we are different

WEB PORTAL (WP): • Tender dashboard that shows

high level summary of all tenders

• Tender calendar where tender events can be viewed in month wise

• Keyword search where synonym search can be done

• Advanced search with verities of criteria

• Tender reminder that update users about tender events like opening, submission, prebid-meeting etc. beforehand

• Tender analytics that help bidders to get market trend/insight

• Most articulated product listing in tree like structure

• Linkage of corrigendum / cancellation with its original tender

• Tradefair information • Tracking tenders as favorites • Pin-board which shows latest

update of tenders, corrigendum and cancellation notices every day. service how we deliver

service how we deliver

Tele-Sales and Customer Services: This module is developed to automate all tele-sales related operations. Here, all telephonic interactions with customers are recorded. A call center solution is also integrated. Customer services like email feedbacks and helpline attends to customer problems round the clock through a call center.

Tenderbazar.com is a team of young dynamic people –

whose focus is to provide excellent customer service.

www.tenderbazar.com