Auction
Competitive awarding to increase savings
With SupplyOn Auctions, price negotiations can be conducted online transparently and with little effort for all parties involved. In addition to price, various criteria for the awarding process can be predefined, such as delivery reliability, product quality or concept strength. This ensures the selection of the supplier with the best bid from a holistic perspective.
The entire, automated awarding process is transparently documented, traceable and tamper-proof. To achieve best results, it is key to select the appropriate auction rule and awarding method. Depending on the material group being negotiated and the auction objectives, different types of Auctions are provided.
Key features:
- English Reverse Auction
- Sealed-Bid Auction
- Dutch Forward Auction
- Japanese Reverse Auction
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Self-Service Auctions:
You already have experience with online auctions? Then you can start immediately with our Self-Service Auctions, and negotiate quickly and easily online with your shortlisted suppliers to identify the most suitable one.
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Managed Auctions:
You wish to benefit in your price negotiations from our long years of experience with online auctions and our in-depth know-how in this area? Then our Managed Auctions are a perfect fit for you. Just provide us with your key data, and we will take care of the rest for you
Your benefits:
- Reduction of purchasing costs by finding the supplier with the best conditions
- Acceleration of the request and quotation process with clearly defined quotation structures and templates for evaluations
- Time saving and faster decision reaching with significantly shorter negotiation periods. Time saving increase further when you conduct several price negotiations simultaneously
- Reduction of manual efforts and boost efficiency with an automated, pre-defined awarding process
- Safeguarding of internal approval of negotiated results based on the neutrality and transparency of the entire process
Resources:
Blog post: Improve your purchasing results with auctions