Salem Starch and Sago Manufacturers' Service Industrial Co-operative Society Ltd
Daily Tender - Unique Selling Proposition
The buyers of tapioca Starch & sago are registered as dealers in SAGOSERVE, by collecting a tender deposit of Rs.5.00 lakhs for regular merchant
Rs.3.00 lakhs for small merchant Category I and Rs.1.50 lakhs for small merchant Category II with bags limit of 1000 bags, 500 bags & 250 bags respectively
On receipt of the goods from the members along with tags, every consignment is assigned a ‘Lot No.’ and stacked in the godowns
Assigned Dealer No. and they are allowed to participate in daily tender
On request made by the member producers, the samples of starch and sago consignments are displayed for tender sale in daily tender system by 9.00 AM
Dealers can view variety of samples under one roof and quote rates in e-Auction system
The Top Rate and Confirmation details Informed to the Members and Merchants concerned through SMS and Email and also they can view the details through their login credential
The member-producer has the option to confirm the highest rate offered against his/her goods
Financial assistance to its members by paying 60% advance for unsold Lots