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Wednesday, June 22, 2011

mjunction projects huge growth potential in eProcurement business

A press conference was held today in our Corporate office to share highlights of our 10 year journey and plans going forward with the media. Journalists from various national and local dailies like Economic Times, Business Standard, Bengal Post, The Telegraph, Vishwamitra, Dainik Jagran etc. were present at the conference which was presided over by MD along Mr Vinaya Varma.

In his interaction with the media, MD shared the company’s journey of innovative firsts over the last 10 years, our plans going forward and how the company sees buyjunction as the major growth driver for achieving the mj@12 objective. MD also gave the media an insight into how we plan to achieve the high growth target that we have set for ourselves over the next two years.

Commenting on the reasons why he sees buyjunction to be the growth driver, MD said, “Organizations are increasingly shifting focus to explore avenues to get the best value-for-money returns on their investments, improve efficiency and effectiveness of their business processes, but with a lower procurement cost and reduced cycle time. buyjunction, one of India’s leading eProcurement platforms providing complete, end-to-end sourcing solutions to diverse industrial sectors, is the destination for such organisations.”

Mr Vinaya Varma briefed the media on buyjunction’s entire gamut of procurement services and how their capabilities improve procurement related SLA & Efficiency and also how they bring about transparency in price discovery.

The press conference was followed by a lunch that was arranged for the media representatives, who were very happy with the outcome of the event. Media interest in the company has been showing very positive trend with each passing day, and this press conference is only another testimony to this fact.

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