E-Auction software / E-Auction Solution / reverse auction

ST6 eAuctions

Less Time in Negociations. Higher Savings. The ST6 eAuctions solution has been recognized as one of the worldwide best online reverse auction solutions. During a short time frame, world-wide suppliers compete for business by bidding their best price. Their offers can be compared on a Total Cost of Ownership basis as defined by the buyer.

By choosing between different auction strategies, such as "English", "Dutch", "Japanese", "Leading Horse" or "TCO", you maximize savings and reach immediate Return on Investment (ROI).

Product features

Benefits

Screenshots

			Easily set-up your auction using strategy templates or a set-up assistant.
			Use different types of auctions depending on your negotiation strategy (English, Dutch, Japanese, Ranking, ...).
			Introduce weighting factors and non-price criteria in your auction structure (TCO analysis).
			Track and manage auctions in real time.
			Modify information published to suppliers in real-time. Use instant messaging during the live auction.
			Provide your suppliers with a user friendly interface.
			Track changes, aggregate results, create and publish reporting graphs and tables.
			Let your buyers and suppliers profit from a unique online and telephone support during the live auction.

	Highly robust and user-friendly for both buyers and suppliers.
	Ability to change auctioning strategies during running auction provides unmatched flexibility.
	5 to 15 % savings compared to traditional negotiation techniques providing immediate ROI.
	Quick and visible success for the buying function contributing to your company’s bottom line.
	Total transparency and accountability for buyers.