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WESTERN COALFIELD LIMITED POWERING INDIA, EMPOWERING CAREERS YOGESH CHOUDHARY MT11IND013

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a brief report of wcl purchasing system

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  • 1. WESTERN COALFIELD LIMITED POWERING INDIA, EMPOWERING CAREERS YOGESH CHOUDHARYMT11IND013

2. A Brief Profile of WCL WCL is one of the eight subsidiary companies of Coal India Limited contributing 8.19% of the nationalcoal production The company come Into existence on 1 /11/1975 after re-organization of the Nationalized Coal Industry.At that juncture , the operations of WCL were spread over in the states of Maharashtra Madhya Pradeshand Orissa, organized into 2 Divisions and 12 operational Areas. The turnover of the company during year 2010-2011 was Rs.7073.44 crores . The net profit for the yearis Rs. 1067.97 crores againest budget of Rs.386.12 crores Today WCL have 59043 employees and has its headquarters at Nagpur Maharashtra . The Company is a major source of supplies of coal to the industries located in Western India in the Statesof Maharashtra, Madhya Pradesh, Gujrat and also in Southern India in the States of Andhra Pradesh,Tamil Nadu, Karnataka and Kerala. A large numbers of Power Houses under Maharashtra, MadhyaPradesh, Gujrat, Karnataka, Punjab and Uttar Pradesh - Electricity Boards are major consumers of its coalalong with cement, steel, chemical, fertilizer, paper and brick Industries in these states. 3. Coalfields 4. WCL ORGANIZATION CHART 5. NEED 6. INDENT 7. After approval of indent form from variousauthority it sends for final approval of G.M. Budget is prepared Purchasing is start from here. 8. Types of Tender OPEN TENDER LIMITED TENDER SINGLE TENDER 9. OPEN TENDERAdvertised Tender Enquiry (open )Tender value >= 25 LacPublish at own website & National Informatics centre websiteAt least one National Daily having wide circulationAd in Indian Trade Journal(IT)Three Weeks time from date of publication of bid 10. LIMITED TENDER Value up to 25 Lac Bid document should be sent to Regd. Suppliers bySpeed Post/Regd Post/Courier/ e-mail No. of supplier firms in Ltd. Tender should be morethan three Web based publicity Sufficient time should be given in Ltd. Tender 11. TENDER ENQUIRYThe invitation to tender and instruction to thetenderers is an important document as the firmsproposal/tender is based on them. The tenderenquiry should, therefore ,be carefully preparedsetting out in clear terms the requirements of the purchaser as to quality,quantity ,delivery required etc. 12. Two Bid System Technical Bid (Tech. + Comm. Terms ) Financial Bid (Item wise price ) (1) + (2) = (3) Main Envelop Firstly Tech. Bid shall be opened and evaluated Secondly Fin. Bid of Technically acceptable offershould be opened & evaluated 13. EVALUATION PROCESS Time taken for evaluation and extension of tendervalidity. Process of tender evaluation to be confidential untilthe award of the contract is notified. Difference between TOC (Tender OpeningCommittee) & TEC (Tender Evaluation Committee) 14. Process at a glanceTOC Tender Opening Committee(Fin. Bid) APPROVAL TEC Tender Evaluation Committee APPROVALORDER IS GIVEN TO LOWEST BID AWARD OF CONTRACT SUPPLY ORDER 15. SUPPLY ORDER Description of items, quantity, price Price Excise Duty Sales Tax Freight & Insurance Packing & Forwarding charges AMC ( Annual maintenance contract ) 16. SUPPLY ORDER Scope of contract Payment terms Contract period Delivery & Penalty Paying Authority Maintenance, % Availability & Penalty Thereof Performance Bank Guarantee ( PBG ) 17. SUPPLY ORDER Guarantee / Warranty Security Deposit Installation & Comissioning & training Liquidated Damages / Risk purchase Force majeure After sales service Inspection 18. SUPPLY ORDER Lowest price Certificate Submission of Bills Identification mark Technical Brochure & Catalogue Consignee Local contact points for services EFT Detail ( Exchange Traded Fund ) 19. SUPPLY ORDER Contractual Obligation TECHNICAL SPECIFICATION Consignee with address Format for performance bank gurantee bond 20. Bank Gurantee Bond 21. Bank Gurantee Bond 22. RECEIVING OF ORDER Supply to consignee address Delivery at area store Inspection by technical dept. S.R.V. is issued S.R.V. copies send to Store, Issuing section 23. PAYMENTSTORESACCOUNT DEPT.SECTIONSUPPLIER