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scanmarket

eAuction

Scanmarket is a world leader in helping you use eAuctions to get the true market price

To successfully conduct price negotiations with suppliers, you need to ensure that you are making apples-to-apples comparisons, managing simultaneous discussions, and providing all suppliers with the same information to create a level playing field.  

eAuctions are an excellent tool for managing the most complex and challenging negotiations in a dynamic, real-time manner and they aren't just for simple products. With Scanmarket’s platform, customizations and support, you can conduct a successful eAuction anywhere you have a competitive supply base and comprehensive specifications.
Scanmarket eAuction module
A MODULE FOR EVERY NEED

Scanmarket at a glance

Want to better understand Scanmarket's platform and how it can help you? Check out this short video for an overview of our solutions and how we view strategic sourcing.

With Scanmarket eAuction, you get

  1. Intuitive user interface that requires no formal training
  2. Multiple auction types including Japanese, Dutch, Reverse, Factored, Forward and others
  3. Unique login link for suppliers, reducing support requirements
  4. Flexible services to support execution, design, strategy and volume
  5. Instant Quick Call support available to buyers, stakeholders and suppliers
  6. Detailed audit log tracking all actions – ready for filtering and print
  7. 21 languages
  8. Numerous, configurable bidding rules to match the event to the situation including individual starting prices, feedback options, proxy bidding, rank, staggering, reserve price indicator, partial quantity bidding and many more
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eAuction

Key Benefits

Savings

Cost savings averaging 12% across categories

Efficiency

Efficiency gains of up to 60%

Market intelligence

Get the true, current market price for the commodities you need

Collaborate

Communicate and negotiate with multiple partners & suppliers simultaneously

Support

Negotiation support to guarantee success

Configuration options

Endless options to fit every negotiation scenario.

"I have 10+ years experience in esourcing but I had never worked with Scanmarket before. With no training, I familiarised myself with the tool and in very little time was I confident enough that i actually ran my first ever live Scanmarket eauction from a balcony, whilst on holidays in the alps, using my personal phone as a hotspot for internet access. That’s how intuitive and easy to use this platform is."

- RODOLPHE D'AUDIFFRET, ASSOCIATE DIRECTOR, PRODUCTS & SERVICES PROCUREMENT, ERNST & YOUNG

Get all the details

If you would like to explore this module more, please download the data sheet here.

Download data sheet
eAuction datasheet