MOVIZZY SOLUTIONS PRIVATE LIMITED

In their own words

*Revolutionizing the fragmented MRO Categories P2P cycle *Transforming the industrial procurement & SCM philosophy through integrated Marketplace with proven algorithms, risk mitigation plans & strategies Business Opportunity *High complexity and low costs have made maintenance, repair, and operations (MRO) categories hard to manage well—even as value trickles away *MRO typically includes a sprawling, fragmented network of vendors selling everything from tools to safety equipment to cleaning supplies. The products are usually inexpensive and not mission-critical, leading to huge variability in specifications, pricing, contract terms, and other factors. With increasingly global and complex supply chains, sourcing options widen and the challenges compound. As a result, organizations steadily leak value *Risk in security of transactions *Inefficiency to meet organizational policies while dealing with small suppliers *Supplier selection and capability evaluations *Material rejections *Digital infrastructure and analytical capabilities shall turn MRO into a value-generating category that sets a new precedent for collaboration between procurement and operations *On the other side of the coin Suppliers are not able to leverage the benefit of globalization, lower shipping costs and better marketing analytics Industry Analysis *Online B2B marketplace offers greater transparency in product, service, and supplier availability as well as in pricing and purchasing terms *Significant benefits includes better contract compliance and inventory reductions *Furthermore, Improved analytics and forecasting capabilities help the company to increase overall efficacy of the procurement function *Sellers benefit from marketplaces by gaining access to new customers, visibility into the market’s pricing structures, featured services such as lower shipping costs and better marketing analytics *Marketplaces promise broader economic impact, expanding opportunities for smaller vendors Mission: * Izzy and transparent commerce in the complex & fragmented Industrial products segment through integrated Marketplace Vision: *To enhance our customer’s profitability and sustainability through P2P cycle optimization Products: *Engineering, MRO spares, consumables and Raw Material Competitors: *Industry Buying, Moglix, M-Junction, Power2SME, Bulk MRO etc. Target Audience: *MSME’s, Enterprises Key activities: *Integrated E-Commerce Marketplace provider *Lean Procurement & SCM service provider Key Suppliers: *Manufacturers, OEM’s, Authorized Distributors, Dealers, Importers Value Creation: *Lean Organization structure to promote entrepreneurship among competent professionals (Cultural change) *Transparent pricing model in the entire P2P cycle Cost Structure: *Platform operating costs, Marketing & Sales, General & administrative, Outsourced Resources for day to day operations Why would our target market prefer product/service- *No Membership charges during onboarding and on monthly basis to Buyers and Sellers *Factories now have to pay membership charges as well as for buying leads to the marketplace. Basically paying twice: One for the leads from these marketplaces and another to qualify these leads by hiring big sales rep teams. In our Marketplace there is no such charges. Fixed charges shall be pay in the form of margin only when you get Business *Marketplace will ensure that atleast one order shall be awarded to all the registered sellers during the financial year atleast to compensate their timings and to appreciate their efforts *Connecting hardware shops in each town to ensure smooth supply chain & delivery *The stores are offered a free face-lift with Byizzy branding, logo and requisite IT infrastructure with controls to the head office *Marketplace capable of Facilitating global trade opportunities(all over the world) for Indian Enterprises/MSME's with the support of integrated Escrow payment system, insurance agents, freight forwarders, inland logistics, CHA's, Forex agents etc.

Written by the company on its public Startup India profile. Not verified by us.