Acads360 India, a Hyderabad-based IT solutions firm, has released an advanced version of its e-procurement tool PRM360.

The Covid-19 management solution will address the procurement challenges confronted by the manufacturing sector in these times of the highly contagious infection.

The solution, which is being offered free of cost, streamlines the procurement and supply chain operations that have been disrupted due to the lockdown.

“It proactively assesses and mitigates risks involved and helps build alternative supplier capabilities,” Nitesh Reddy, Founder and Chief Executive Officer of Acads360 India, said.

“The solution offers a simplified communication module, which identifies and enables communication with critical suppliers and enhances collaboration across the value chain,” he said.

It also evaluates business continuity plans of critical suppliers and prepares supply chain contingency plans.

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