Auction Recommendation

1 Auction Family

2 Setup Auction Rules

3 Date & Template Fields

Auction Family

English Auction Dutch Auction Knock Out Auction

Select Category

Category Search

Category Suggestions

Project

Copy from Existing Auctions

ITEM SELECT

Sr		ITEMS	Quantity

Showing 25 / 300

VENDOR SELECT

Auction Name & Type

Auction Name

Event Type

Practice Live

Auction Type

Forward Reverse

Create Technical Bid

Select Technical Bid

Currency & Exchange Rates

Exchange Rates For INR *

Select Vendor Currency

Vendor Name & CODE	Vendor Status	Vendor Currency
Select vendors on the first screen to set their currency.

Auction Values

Specification

cloud_upload UPLOAD FILE No files uploaded yet.

Auction Start Price *

(INR)

Auction BaseLine Price

(INR)

Auction Bid Time Increment *

(Minutes)

Auction Maximum Price *

Display Auction Ends After *

( minutes )

Price Decrease By *

Display All Users in Chat

Allow vendor to change the currency

Allow Quantity Change

Auto Extension

Show Next Increment Amount

Edit Rule Option

Practice

Allow Supplier To Change Currency

Total Desired Quantity

SR	ITEM NAME [ ITEM CODE ]	QUANTITY
Select items on the first screen to set total desired quantity.

Display Rules

Display Next Increased Amount to Bidder

Allow Quantity Change After Auction Completion

Allow Edit of Auction Rules

Show auction edit notification to vendor

Display Rank to Suppliers

Allow Auction on Dummy Name

Auction Schedule

Auction No.

Auto Generated

Auction Date/Time *

calendar_month

calendar_month

Warning: Start time is in the past

Bid Validity Date/Time *

calendar_month

Bid validity must be after auction end date

Tempalte Selection

VIEW VENDOR account_circle 20+

Template

Template

ITEM	ITEM CODE	GST %*	GST TRANSITION TYPE	HSN	GST CESS % (IF APPLICABLE)	REQU

Auction Schedule

Auction No.

Auto Generated

QB Date/Time *

calendar_month

calendar_month

Auction Date/Time *

calendar_month

calendar_month

Warning: Start time is in the past

Bid Validity Date/Time *

calendar_month

Bid validity must be after auction end date

Recommendation inputs optional Add buyer-only context or upload auction evidence. The rules form remains the source of truth. Use current setup

System history will be included automatically.

Auction Name & Configuration

Auction Name

Event Type

Practice Live

QB Required

Yes

NO

Consider as a one bid auction

Attachment

Number Of Files 2

Exchange Rates For INR *

Auction Schedule

Auction Date/Time *

calendar_month

calendar_month

Bid Validity Date/Time *

calendar_month

Bidder Permissions

Allow Bidder to Deselect Items

Allow Bidder to Change Quantity

Allow Quantity Change After Auction Completion

Bidding Rules

Avoid Same Rank Bidding

Allow Auction on Dummy Name

Show auction edit notification to Bidder

Pricing Rules

Base Line Price

Start Price

Exact Start Price

Reserve Price

Display alert to bidder when bid amount is less than X%

%

Item	Item Code	Base Line Price	Start Price	Reserve Price
Corrugated Shipping Cartons	PKG001	Per Bag	Per Bag	Per Bag
Stretch Wrap Rolls	PKG001	Per Bag	Per Bag	Per Bag
Pallet Strapping Kit	PKG001	Per Bag	Per Bag	Per Bag
Protective Edge Boards	PKG001	Per Bag	Per Bag	Per Bag

Traffic Light Bidding

Based on

Bidder's Rank Price Range Percentage From L1

Item Name	Item Code	Apply to all
Corrugated Shipping Cartons	PKG001
Stretch Wrap Rolls	PKG001
Pallet Strapping Kit	PKG001
Protective Edge Boards	PKG001
FS CURTIS TW 200H CYL.1 CASE PACKING	PKG001

Item Name	Item Code	Apply to all
Corrugated Shipping Cartons	PKG001	chevron_left	To	chevron_right
Stretch Wrap Rolls	PKG001	chevron_left	To	chevron_right
Pallet Strapping Kit	PKG001	chevron_left	To	chevron_right
Protective Edge Boards	PKG001	chevron_left	To	chevron_right
FS CURTIS TW 200H CYL.1 CASE PACKING	PKG001	chevron_left	To	chevron_right

Item Name	Item Code	Apply to all
Corrugated Shipping Cartons	PKG001	chevron_left %	% To %	chevron_right %
Stretch Wrap Rolls	PKG001	chevron_left %	% To %	chevron_right %
Pallet Strapping Kit	PKG001	chevron_left %	% To %	chevron_right %
Protective Edge Boards	PKG001	chevron_left %	% To %	chevron_right %
FS CURTIS TW 200H CYL.1 CASE PACKING	PKG001	chevron_left %	% To %	chevron_right %

Sequence Auction

drag_indicator 1

DURATION Minute

No items added to this sequence yet.

Add a new item to get started.

Interval time Minute

drag_indicator 2

DURATION Minute

No items added to this sequence yet.

Add a new item to get started.

Bidders Qualifying Bid

Consider as a Start Price Automatically use these rates for the auction start.

search

SELECT	ITEM DESCRIPTION & CODE	QUALIFYING RATE
	Northstar Supply Co. [818855] REQUIRED FOR ENTRY	$ PER BAG
	Stretch Wrap Rolls [818856] REQUIRED FOR ENTRY	$ PER BAG
	Pallet Strapping Kit [818857] REQUIRED FOR ENTRY	$ PER BAG
	Protective Edge Boards [818858] REQUIRED FOR ENTRY	$ PER BAG
	Corrugated Shipping Cartons [818859] REQUIRED FOR ENTRY	$ PER BAG
	Northstar Supply Co. [818860] REQUIRED FOR ENTRY	$ PER BAG

SELECT	ITEM DESCRIPTION & CODE	QUALIFYING RATE
	Northstar Supply Co. [818855] REQUIRED FOR ENTRY	$ PER BAG
	Stretch Wrap Rolls [818856] REQUIRED FOR ENTRY	$ PER BAG
	Pallet Strapping Kit [818857] REQUIRED FOR ENTRY	$ PER BAG
	Protective Edge Boards [818858] REQUIRED FOR ENTRY	$ PER BAG
	Corrugated Shipping Cartons [818859] REQUIRED FOR ENTRY	$ PER BAG
	Northstar Supply Co. [818860] REQUIRED FOR ENTRY	$ PER BAG

Tolerance (Decrement)

Bidder tolerance (Decrement) value

Tolerance (Decrement) Type

Lot

Itemize

Tolerance Value (L1)

Tolerance Value (Bidder)

ITEM	ITEM CODE	L1 TOLERANCE MODE	L1 TOLERANCE VALUE	TOLERANCE MODE	BIDDER VALUE
Corrugated Shipping Cartons	PKG001		Per Bag		Per Bag
Stretch Wrap Rolls	PKG001		Per Bag		Per Bag
Pallet Strapping Kit	PKG001		Per Bag		Per Bag
Protective Edge Boards	PKG001		Per Bag		Per Bag

Auction Extension

Automatic Extension Post Last Bid

Yes

No

Automatic Extension Basis

Rank Outbid Any Bid Outbid

Automatic Extension For

Extend Auction End Time for

minutes if bid arrives in last

minutes

Vendor Tracking

Location Access Mandatoryinfo

Yes

No

Note: Users can change Location Access Mandatory only when it is set to Yes. Once it is set to No after the auction is floated, it cannot be changed.

Location Threshold Distance

Enter a value between 20 to 1000.

Select Vendor

Global %

%

Global Amount

+

Vendor Name	Percentage Amount (%)	Addition Amount (+)
AE Northstar Supply Co. VH00000001	%	+
AB Crestline Traders VH00000002	%	+
AI Vertex Industrial VH00000003	%	+
AM Harbor Procurement VH00000004	%	+

Select Item

Select Vendor

Global %

%

Global Amount

+

search

Item	Percentage Amount(%)	Addition Amount (+)
Corrugated Shipping Cartons PKG01	%	%
Stretch Wrap Rolls PKG02	%	%
Pallet Strapping Kit PKG03	%	%
Protective Edge Boards PKG04	%	%

Item	Percentage Amount (%)	Addition Amount (+)
Corrugated Shipping Cartons PKG01	%	%

Item	Percentage Amount (%)	Addition Amount (+)

Item	Percentage Amount (%)	Addition Amount (+)