Reverse Auctions Cover – Option – 01.

Slides:

Advertisements

Similar presentations

E-Auctions. Electronic CommercePrentice Hall © Learning Objectives 1.Define the various types of e-auctions and list their characteristics. 2.Describe.

Advertisements

Objective Interpret sales contracts and warranties within the rights and law of consumers. LAW OF SALES.

Energy supply procurement services to improve the transaction process and help you get the most competitive prices Florida Public Service Commission July.

Online Auction platform: Dairy Commodities For Indian Dairy Growth Now Technologies Pvt. Ltd. Year 2015 Dairy Trade India TM 1.

U.S. General Services Administration GSA Auctions ®: A Federal Asset Sales Sales Center Federal Acquisition Services Candice Waddles GSA Sales Ph:

Developing Agricultural Commodity Markets Through a Better Trading Platform 13 th Annual Farmer Cooperatives Conference Cooperatives: Looking Forward December.

1 Bidder Q&A Webinar 1 April 8, Bidder Q&A Webinar 2 Agenda 3Eligibility criteria for the first auction 7Reverse auction 9Next steps: How to participate.

paisa/ litre * ! DTI - Milk. Dairy Trade India TM - Milk Online auctions for Milk (raw chilled) Now Technologies Pvt. Ltd. Year 2015 DTI - Milk.

Law of One Price Economics Experiment Keith Salas and Sean Lynam.

2 e-Buy is an online Request for Quotes (RFQ) tool which allows Federal buyers to obtain quotes and issue orders for products and services offered by.

ChemConnect Leading in negotiation solutions for commercial products.

EProcurement Job Aid Requisitions & Receipts. Table of Contents Creating a Requisition Define Requisition Vendor.

CRC Energy Efficiency Scheme How to Trade Allowances GEHO0312BWGD-E-E Last updated: 31/05/2013v3.

ISupplier P2P business process Supplier.

Buying & Selling on eBay Richard Kershenbaum Endacott Society Computer Study Group

1 Overview of ATLAS Strategic Sourcing. 2 Strategic Sourcing: The existing supply chain in Atlas covers REQ and PO but does not cover all the activities.

Auctions Yunon Chuang. What are auctions? n Auction Markets: –traders transact directly against the orders of other traders by communication through a.

Federal Acquisition Service U.S. General Services Administration Linda Hosey Customer Service Director

Structured Transaction Overview. FDIC serves as an equity partner in its Receivership capacity for a single or multiple institution transaction. Joint.

Step 1: Login Step 2: Select Purchasing Option Step 3: Enter Account Information Step 4: Search for Items/Add Items to Shopping Cart Step 5: View Cart/Update.

20 March 2009 USDA Foreign Agricultural Service USDA Foreign Agricultural Service Office of Trade Programs GSM-102 Credit Guarantee Program.

Managing Risks Associated With Feeder Cattle Terms of Trade Walt Prevatt, Ph.D. Agricultural Economist Auburn University.

MyFloridaMarketPlace MyFloridaMarketPlace Vendor Meetings December 16, 2009: “Solicitations” 12:00 noon – 1:00 p.m. EST The toll free number is: (888)

E-Procurement Experience in Korea : Implementation and Impact June 2012 Ho In Kang | Administrator Public Procurement Service (PPS), the Republic of Korea.

Materials Management (MM)

Supply Chain Management Quick Reference Guide Responding to RFX Tasnee SRM Portal.

The Double Auction is like an “Econ Lab” to illustrate How markets work How good the competitive equilibrium model (supply and demand) is as a model of.

© 2011 BravoSolution - All rights Reserved Warwickshire County Council eAuction (Bus Operator Briefing) January 2012 eAuction January 2012.

B2B E-Commerce Characteristics

Sourcing Event Guide Updated September 12, 2011 Sourcing Event Guide.

Bidder Registration Process

Franklin Twp. Youth Soccer Online Registration Tutorial.

1 3. Proposal to Closing Understanding components of auction proposal and listing agreement Differentiating between types of auction Discussing tasks involved.

March 1, 2011 Tallahassee Area Chapter National Institute of Governmental Purchasers TACNIGP.

ONLINE SHOPPING. Refers to buying and selling of goods and services using websites accessed through the internet physical goods such as clothes and books.

Submitting a Responsive Response Packet & Bid Waste Water and Water Treatment Chemicals ITB# CWCH.

Welcome to the transparent world of e-auction. (A Government of India Mini Ratna Company)

1 WARFIGHTER SUPPORT STEWARDSHIP EXCELLENCE WORKFORCE DEVELOPMENT WARFIGHTER-FOCUSED, GLOBALLY RESPONSIVE, FISCALLY RESPONSIBLE SUPPLY CHAIN LEADERSHIP.

Introductions Robin Godfrey, Executive Director Sue Bell, Member Services Director Chris Denning, Integra Planner.

The most common methods to use to obtain pricing. VERBAL QUOTES REQUEST FOR INFORMATION REQUEST FOR PROPOSAL REQUEST FOR QUOTATION INVITATION TO BID REVERSE.

National Agriculture Market An overview 19 th Feb 2016.

Buyer Workflow Creation of Organization (Buyer Account)

The School District of Palm Beach County Purchasing Department Vendor Registration Process

GeM – User Enablement Supplier Module 2-Aug-17.

OSD Verification of Certification

AUCTION MARKETING PROPOSAL FOR: Property Name

AUCTION MARKETING PROPOSAL FOR: Property Name

AUCTION MARKETING PROPOSAL FOR: Property Name

Request for Proposal and Specifications for

Request for Proposal and Specifications for

AUCTION MARKETING PROPOSAL FOR: Property Name

For Other, Cement and CPP Sub Sector

NAM TRAINING : Presentation

Auction Sale How Auction Sale Would function Cover – Option – 01.

Forward Auctions Cover – Option – 01.

Reverse Auctions Cover – Option – 01.

Auction Purchase Cover – Option – 01.

Smart Connect – Supplier Portal Training

Forward Auctions How Forward Auctions would function

Tender Cum Auction - Basic Concepts

Auction Purchase Cover – Option – 01.

VENDOR DEVEOPMENT – DRDO

Forward Auctions Cover – Option – 01.

Auction Sale How Auction Sale Would function Cover – Option – 01.

Auctions 101 March 2019.

Forward Auctions Cover – Option – 01.

Procurement & Strategic Sourcing

Reverse Auctions Cover – Option – 01.

Presentation transcript:

Reverse Auctions Cover – Option – 01

Reverse Auction Products Cattle Feed Ingredients Sugar Packaging Chemicals Transport Dairy www.NCDFIeMarket.com

Buyer Advantages Large seller base across the country Buyers cross geographical barriers for procuring products. Administrative cost reduction No administrative and transaction fees for buyers. Price discovery Large seller base enables the buyers in procuring the material with competitive prices. www.NCDFIeMarket.com

Seller Advantages Support in entire process EMD Qualified buyers NCDFI eMarket coordinates the entire process i.e. supplies and payments EMD Faster release of EMD through Escrow Accounts Qualified buyers Buyers requirement is clearly specified which helps sellers to screen every buyer before participating in auctions www.NCDFIeMarket.com

Auction Process Overview Buyers Sellers e-Portal Required Quantity , Location, Delivery period Information, auction setup PRE- AUCTION Sellers Buyers e-Portal Bids FOR price (In lots) Can observe process AUCTION Buyers e-Portal Sellers Winning seller will be intimated Info of L1 price for confirmation POST AUCTION www.NCDFIeMarket.com

How does auction work? The trading event managed by NCDFI The trading process is an “Reverse Auction” Required quantity, place of delivery, Delivery period is announced Bidders bid FOR price www.NCDFIeMarket.com

Receipt of buyers requirement through email www.NCDFIeMarket.com

NCDFI eMarket circulates the notice through email, WhatsApp & Mobil App. to all registered sellers www.NCDFIeMarket.com

Seller enters FOR price Sellers Bid Seller enters FOR price Bid time 15 Minutes In case of bid receipt in last 3 Minutes, an extension of 5 Minutes is provided. There can be 3 such extensions. . www.NCDFIeMarket.com

L1 rates will be sent to buyers for acceptance. Post Auction L1 rates will be sent to buyers for acceptance. Buyers will have option to accept or reject these rates. Contract Notes will be issued, if the rates are acceptable to Buyer. www.NCDFIeMarket.com

Registration & Transaction Fees Registration Rs. 5,000/- Annual Maintenance Fees Rs. 5,000/- Buyer Transaction Fees Nil Seller Transaction Fees Flat 0.30% of the transaction value (For Dairy & Transport) Seller Transaction Fees Flat 0.40% of the transaction value (Other Products) These fees are excluding applicable GST. www.NCDFIeMarket.com

Thank You NDDB D-Lab Campus, Post Box 79, Anand 388 001 +91-2692-288388 | Fax 288399 www.NCDFI.coop | www.NCDFIeMarket.com Thank you Page