Bookmyparts.com has won Digital India Excellence Awards 2017 at PAN-IIM World Management Conference
It feels really inspiring when the country's most respectable management institution recognizes and appreciates a startup serving nation's growing market of industrial machinery spare parts facilitating it with its supply chain.
- (1888PressRelease) December 26, 2017 - Lucknow, India - When the country’s premier Management Institute recognises and rewards a Start Up serving the nation’s emerging Parts and Spares market, then it does mean a lot to entrepreneurial spirit.
https:// bookmyparts.com has achieved this singular distinction having won 5th PAN IIM World Management Award 2017 in ICE services (Corporate Category) at Indian Institute Of Management, Lucknow campus. The award was given by Prof. Dinesh Sharma, Deputy Chief Minister, Govt. of Uttar Pradesh in the presence of Mr. Kewal Kumar Sharma, Secretary, Ministry of Human Resource Development, Justice Rajesh Tandon, Dr. Ajit Prasad, Director, IIM – Lucknow, Former Chairperson, Cyber Appellate Tribunal, Govt.of India and other dignitaries
Bookmyparts.com based in Ahmedabad, Gujarat prides in serving sector specific needs of industrial machinery spare parts industries which today stands worth USD 42 billion from all industries. The award was received by Pinkal Shekhaliya, Founder Director and Viren Mehta, CEO, Bookmyparts.com
Manufacturers, OEMs, large n small industries have conventionally had a very traditional approach at procuring parts and spares from fixed set of suppliers. Adding to their cost over runs n other woes, delays and ready availability of machine spares parts due to low inventories by suppliers compounds all.
Thus, Bookmyparts.com found its niche in bridging this vital gap in industrial machinery spare parts supply chain and build an efficient as well as cost effective IT and technology driven intelligent platform to create an ease of doing business for several lakhs of SMEs and MSMEs in India.
Bookmyparts.com strives to bring on its platform a distinctive approach in bringing manufacturers, supply chain stake holders, OEM suppliers, SMEs and host of other entities to network and conduct professional business which is speedy, hassle free and most importantly, cost effective and time saving, eliminate non value added elements from supply chain thereby helping source and sell industrial machinery spare parts conveniently and efficiently, says Viren Mehta, CEO, Bookmyparts.com
Businesses have witnessed more than 30 percent saving on downtime due to lack of timely availability of machine spare parts and according to a conservative estimates such losses, cost overruns and delays at about USD500 billion.
On this occasion, IIM Lucknow has published Digital India Handbook (Collection of Best Projects).Bookmyparts.com has been included in ICE services category as one of the prestigious project. The rigorous selection process includes the criteria such as innovation and technology focused on uniqueness and novelty factor, maturity/stage, investment made and manpower resources deployed.
Bookmyparts.com.com takes a small leap in this gigantic arena of sourcing parts and spares business aiding one and all industry sectors to effectively and efficiently mitigate supply chain inefficiencies in machine spare parts businesses plaguing practically every industry sector in India affecting productivity and escalating cost.
Pinkal Shekhaliya, Founder Director of Bookmyparts Networks Pvt.Ltd has said that the award is a testimony to the idea of developing efficient supply chain for machinery spare parts industry through technology and deliver value proposition to small and medium size manufacturers and suppliers in India, as there are lot of challenges on sales and procurement of machine spare parts, Bookmyparts.com will continue to engage and work comprehensively with machine spare parts manufacturers and suppliers and connect them directly with the user.
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