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SANDIK PROCUREMENT AGENCY International Physical Product Locator Delalzade 11 Balmumcu Besiktas Istanbul Turkey +90 212 272 74 65 GSM +90 542 573 07 20 EMAIL: royalas@yahoo.com Uniting the Industrial Supply Chain SANDIK PROCUREMENT AGENCY a leading provider of supply chain solutions and services, brings together buyers, manufacturers and wholesalers. SANDIK helps create a critical mass of buyers and suppliers who will benefit from aggregated, accurate data and realise true cost savings and process efficiencies within the industrial supply chain. Today, buyers and suppliers are collaborating with SANDIK and each other to enhance their current systems and create streamlined processes. SANDIK links all members of the supply chain closely together, for better communication, better information and better decision making - ultimately lowering costs and achieving valuable efficiencies. About Sandik Procurement Agency SANDIK PROCUREMENT AGENCY is a Web-based industrial exchange that streamlines the procurement process, allowing buyers and industry networks to purchase the products and services their organisations need. Utilising SANDIK, buyer and supplier organisations worldwide will collaborate to transform industry through accurate information exchange and by creating new efficiencies in the supply chain. Privately held, SANDIK is committed to creating customer value, not market value. Our mission is to deliver supply chain efficiencies, thereby driving excess cost out of the purchasing process and helping buyers reduce their total costs of procurement. SANDIK helps buyers to focus on what they do best . Membership in SANDIK is open to all buyers, intermediaries and shared services groups as well as manufacturers and wholesalers worldwide. With a growing membership that includes leading industrial suppliers and buyers - SANDIK has the necessary resources and breadth to drive new efficiencies across the industrial supply chain. Vision/Mission Vision To grow as the global leader in business-to-business supply chain management solutions and services for the industry, providing superior member satisfaction, delivered by energised employees who are driven to meet commitments. Mission To transform industry by dramatically improving the efficiency of industrial delivery through information exchange and by maximising efficiencies in the supply chain. To facilitate continuous improvement in the relationship between all participants in the industrial supply chain resulting in collaborative communication, reduced costs and better products. SANDIK Business Model The SANDIK business model has been developed to drive inefficiencies out of the supply chain. This will only be accomplished with an open and neutral position to all of the members of the industrial supply chain. SANDIK Business Model: SANDIK provides the connectivity and sound infrastructure to facilitate all communication and relationships in a streamlined, real-time environment. Differentiators Like no other organisation, SANDIK is positioned to drive costs out of the industrial supply chain. Buyers can simplify purchasing processes, eliminating phone and fax, and replacing multiple practices with a single connection to the SANDIK Center. Buyers are connected to a broad range of suppliers, allowing real-time price and availability information and early price discrepancy identification . The Sandik Center catalogue contains accurate, up-to-date product information, allowing buyers to compare their item master and accurately maintain information. This ensures the accuracy of pricing and product information, increasing ordering efficiency and reducing errors Buyers are able to leverage and increase the value of existing purchasing system investments, preserving and augmenting customer choice Buyers will receive aggregated reporting data, even with disparate purchasing systems Open to all members in the industrial supply chain FAQs What is Sandık Procrement Agency? Who founded SANDIK? Why was SANDIK founded? Can SANDIK improve production? How will SANDIK achieve its objectives? How will SANDIK benefit buyer members? How will SANDIK benefit manufacturers? How will SANDIK benefit wholesalers? Who can join SANDIK? Who owns the data that goes through the exchange? Has SANDIK proven any Performance Objective Achievements for the buyers? How does this exchange differ from industrial e-commerce sites? How is SANDIK managed? Is SANDIK a global company? -------------------------------------------------------------------------------- What is Sandık Procrement Agency? SANDIK PROCUREMENT AGENCY is an independent, privately held company creating an open and neutral, Internet-based trading exchange for the purchase, sale and distribution of manufactured goods, equipment and devices, industrial supplies and other products and services worldwide. SANDIK is developing the technologies required for all members of the supply chain, including buyers, manufacturers, wholesalers and other trading partners, to realise increased efficiencies and reduced costs through participation in the exchange. Who founded SANDIK? Marketing professionals founded SANDIK in September 2002. Why was SANDIK founded? The founders of SANDIK recognised that, in order for e-commerce to improve efficiencies in the industrial supply chain, the industry needed a single trading source involving all members of the procurement process - and that all members must benefit. As large manufacturers and distributors, the founding members understood that they would benefit from the improved efficiencies, as would their customers and business partners, i.e. buyers, wholesalers, etc. Can SANDIK improve production? Because industrial procurement costs comprise such a large percentage of buyer revenue, savings in this area can make more resources available for production. Buyers clients will further benefit as professionals spend less time on purchasing and more time on providing production. How will SANDIK achieve its objectives? SANDIK is working together with suppliers, industrial providers, wholesalers, standards groups and technology partners, among others, to create the technological tools needed to make efficient e-commerce possible. These tools include: A. Sandik Center Catalogue: Sandik Center provides users with an industry-standard catalogue that 1) contains product information that is owned, reviewed, maintained and verified on an ongoing basis by manufacturers, 2) is consistent with the information used by both the purchasers and sellers of products, and 3) is based on standard coding for products shared throughout the industry. This catalogue both facilitates electronic communication and reduces errors associated with purchasing the wrong product. SANDIK's approach to standards meets the needs of the European users and buyers' item masters - and accommodates translations across multiple languages. B. SANDIK Member Source Exchange Platform: SANDIK is committed to providing its members a world-class industrial exchange that meets financial-grade system requirements. The Member Source exchange platform has been built to manage the flow of information and transactions among all members of SANDIK. The Member Source exchange platform was built based upon high standards for reliability, security and scalability: Reliability - The SANDIK is designed with dynamic, seamless mechanisms that provide continuous service, even when difficult phsical conditions would usually occur. Security - SANDIK has made data ownership, confidentiality and privacy a cornerstone of SANDIK agreements with its customers. Scalability - The Member Source exchange platform leverages best practices from other industry exchanges, including financial exchanges, to ensure scalability. Ultimately, SANDIK's industry standard catalogue and flexible options - supported by a dependable exchange platform - will make it easier, faster and less expensive for industrial organisations to conduct business. How will SANDIK benefit buyer members? Buyers will be able to conduct multiple transactions with their suppliers via one connection, rather than having to maintain separate pipelines for each supplier from which they purchase products. Buyers can place orders with multiple suppliers with one purchase order, and receive automatic feedback regarding pricing, availability, shipping status, etc., dramatically reducing the paper, phone and fax work required to place and confirm transactions manually. Because the SANDIK system will be continuously updated with the most current information on products and pricing, errors and costly rework can be avoided. Highly trained personnel will be able to devote additional time to more valuable and appropriate work, including analysing purchasing data available through SANDIK to improve strategic planning. Buyer and industry organisation members will also benefit from newly available strategic reporting. Previously, buyers suffered from a lack of connectivity between their headquarters and purchasing systems in different facilities. By using SANDIK, buyers will receive complete reporting of all purchases across their system - a comprehensive view that will enable better contract management and compliance. This consolidated view of purchasing would also allow more efficient contract negotiation. SANDIK delivers additional value into existing headquarters and purchasing systems. Legacy systems will be able to be connected to SANDIK, enabling trained users to continue using the front ends they are accustomed to, while accessing a direct connection to SANDIK's catalogue and suppliers, with tracking and reporting data available on all purchases. How will SANDIK benefit manufacturers? Suppliers will be able to provide and update product information via one connection. That information will be available to all SANDIK buyer members. Manufacturers will not have to invest the time and expense required to update multiple materials management and e-commerce connections. With information provided and transactions confirmed and tracked automatically, sales and customer service personnel will be able to spend more time on their core activities. Further, by receiving more accurate data on their customers' purchasing activities, suppliers will be able to ensure better product fulfillment and resource planning. How will SANDIK benefit wholesalers? Wholesalers will benefit from access to accurate information, particularly pricing information. Errors in this area often lead to delays in payment of invoices and rebates, payments upon which wholesalers depend. Further, with more up-to-date purchasing information, distributors can better help buyers manage inventories. Who can join SANDIK? SANDIK is open to all industrial provider organisations, wholesalers and manufacturers of products, as well as their trading partners. Who owns the data that goes through the exchange? Each party to a specific transaction maintains complete ownership of the data involved in that transaction. At no time does SANDIK take possession of the transaction data. SANDIK has built multiple firewalls to ensure that all transactions and communications that flow through SANDIK receive maximum protection. Has SANDIK proven any Performance Objective Achievements for the buyers? Buyer systems are already realising reduced paperwork and streamlined purchasing as a result of their transactions to date. SANDIK has worked with an outside auditing firm to create a financial return on investment model, and they will begin populating the study with actual data for buyer members. That data is currently being gathered at several pilot sites. How does this exchange differ from industrial e-commerce sites? SANDIK is concentrating its efforts on creating deep integration with members that enables more sophisticated transactions through a single source, rather than through multiple connections. This deep integration is enabling SANDIK to develop an industry-standard catalogue that contains the most up-to-date information direct from suppliers. All members are connected through SANDIK, enabling all members to benefit from real-time product information, ordering information, reporting data and more. How is SANDIK managed? SANDIK was established as an independent company and is managed by its own senior management team, separate and distinct from the operating management structures of the equity members. The company is led by a board of directors comprised of representatives from each of the equity members. Product development is counseled by an advisory board comprised of industry leaders from well known buyers and integrated delivery networks. Is SANDIK a global company? Yes. SANDIK has built its integration approaches and timelines to fit the needs of buyers in different parts of the world. SANDIK currently has distinct operating units in the U.S., the United Kingdom, Germany, Canada, Belgium, Turkey and Greece. SANDIK sees its network expanding throughout the rest of Europe, Asia-Pacific, Latin America and Africa. Manufacturers Update product information via one connection With a selection of leading industry manufacturers onboard - and membership and trading partner connections growing daily - many buyer purchases can be transacted through SANDIK. Convenient, single-source purchasing power - all from the user desktop. Manufacturers will be able to provide and update product information via one connection to SANDIK, the information is then available to all SANDIK buyer members. Manufacturers will not have to invest the time and expense required to update multiple materials management and e-commerce connections. With information provided and transactions confirmed and tracked automatically, sales and customer service personnel will be able to spend more time on their core activities. Further, by receiving more accurate data on their customers' purchasing activities, manufacturers will be able to ensure better product fulfillment and resource planning. SANDIK offers manufacturers streamlined connectivity for more accurate and efficient supply chain through: Focused business solutions and services Single marketplace catalogue, single point of integration Enhanced product utilisation by provider members Reduced cost of goods sold Reduction in administrative costs per sale Buyers Delivering new efficiencies Today, buyers dedicate valuable resources to researching and confirming orders, checking on shipping status and price accuracy, and reconciling payment invoices, all using multiple procurement pipelines and laborious phone and fax processes while communicating with a multitude of suppliers. SANDIK members will be able to conduct multiple transactions with their suppliers via one connection, rather than having to maintain separate procurement pipelines for each supplier. Buyers can place orders with multiple suppliers with one purchase order, and receive automatic feedback regarding pricing, availability, shipping status, etc., dramatically reducing the paper, phone and fax work required to place and confirm transactions manually. By participating in the data cleansing of their item master files, SANDIK members will have access to an industry standard catalogue that will be continuously updated with the most current information on products and pricing, so errors and costly rework can be avoided. Highly trained personnel will be able to devote additional time to more valuable and appropriate work, including analysing purchasing data available through SANDIK to improve strategic planning. SANDIK delivers additional value into existing purchasing systems. Legacy systems are connected to SANDIK, enabling trained users to continue using the front ends they are accustomed to, while accessing a direct connection to SANDIK's catalogue and suppliers, with tracking and reporting data available on all purchases. SANDIK offers buyer members convenient, single-source purchasing power to make more impactful decisions through: · Member selected front-end solution · Industry standard catalogue which is normalised, verified and connected · Aggregated reporting across disparate systems · Reduction in supply acquisition costs Please e-mail royalas@yahoo.com with questions regarding membership.