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  • FactoryFinder: ITMO Graduates Develop Service To Optimize Procurement

    According to the data by GfK Rus research agency, more than a third of Internet users regularly make purchases in Internet stores; consumers are becoming more used to choosing and buying things online, and various services allow them to quickly order a taxi, book a ticket or rent an apartment. Yet, can this work in the b2b segment? Purchase coordinators sometimes have to spend days or even weeks to find a really good offer and purchase the goods they were looking for. Team FactoryFinder decided to come up with a solution and developed an online service for optimizing the processes in procurement departments, a platform that brings together suppliers, engineers, and purchase coordinators. The service's main task is to automatize the work of the latter and let companies find best offers quickly. Half of FactoryFinder's team are graduates of ITMO and the company is a resident of the university's Technopark; as of now, it has offices in St. Petersburg, Tallin and Berlin. Read more about the service, the peculiarities of business in Russia and how a common platform can help foreign companies understand it in an article by ITMO.NEWS.

    30.08.2017