When Do eAuctions Work? 7 real use cases Download eGuide
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What’s great about our auction platform?

We are very proud of our eAuction platform.  It was our initial business proposition and still draws in the crowds.  We have users from companies ranging from one million in turnover to many billions, running tenders on all types of goods and services from values of thousands to hundreds of millions.

No other platform gives gives you the ability to call in in the morning and run an auction in the afternoon without the need to train the suppliers.  We recognise that preparing for an eAuction can be challenging, and the system should help with this challenge, not be an additional hurdle to overcome.

Our platform also has many capabilities from including a Pre Qualification Questionnaire to weighted auctions. See more of our functionality here.

However, in this blog we really wanted to show you the cool parts of our interface. (Click here for the video)

Overview:
This is an overview of the eAuction screen. Colourful, compact and nearly everything is ‘click-able’ for further information, which can be seen in the following images.

Market Dojo auction screen showing a live auction feed and bid and savings details for each lot.

Settings
These can be changed live during an auction.  You can see the pause button and also the ability to change the heart of the eAuction settings such as the duration, the dynamic close, changing who it applies to and also altering the min and max bid decrements.

Auction settings for duration, dynamic close period, and minimum and maximum bid changes.

Live feed
We have a great live feed to keep you up to date with the goings on without the need to look at all the lots individually.  It is also there for the suppliers so they can see the latest and greatest.

Live auction feed showing timestamped bids and rankings, pause and resume notices, and a message.

Lot Matrix – ‘The summary’
See an overview of the event from a lot perspective with bespoke total calculations.
Notice the ‘stock market’ type updates highlighting where the bids have been placed.

Auction dashboard showing bids for Rockets and Launchpad, with total savings offered of £1,997 (18.49%).

Lot Matrix – ‘The lines’
See the event overview from a line item perspective with a click of a button.

Auction dashboard showing bids and total savings of £1,055 (9.77%) on rocket and launchpad items.

Lot Matrix – ‘The suppliers’
See the line items by supplier.

Auction bid comparison table for rockets and a launchpad, showing bids, best values and leading participants.

Lot Matrix – ‘The detail’
Lastly, with another click, you can see the suppliers, by component, by line item in real time during the eAuction

Auction bid table comparing Sandpit Co 1 and Sandpit Co 2 on rocket and launchpad costs, savings and ranks.

Other features
See who is active, send messages, place proxy bids and you have the ability to delete bids all from within the auction interface

Auction platform screens showing participant lists, messaging, bid rankings and savings.

See the graphs
Check out your results graphically displayed in real time.  No need to wait for a periodic refresh as we use new technology to display bids as soon as they come in.

Four charts show savings rising, bids falling over time and participant bid comparisons.

If you want to see this for yourself then you can simply sign up for free and try everything out in our sandpit.  Welcome to the Dojo!

About: Market Dojo provides accessible eSourcing software. Find out more at www.marketdojo.com

November 17, 2014
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