中文
CASE STUDIES
Office Building Air-conditioning System Installation


Saved RMB 90,000 (25% off original quote)

Buyer Company

A European home appliance manufacturer with substantial operation and business in China

Project Name

Shanghai HQs Air-conditioning Auction Event

Bidding Items

Provision of air-conditioning system for HQ Office

Suppliers

4 engineering companies based in Shanghai, China

Budget

RMB 350,000

Bidding Date

January 2013

Bidding Strategy

Bidding period set to be 30 minutes. Any new bids coming in the last 3 minutes would extend the period by 3 more minutes. Bidders could see their Rank only. Suppliers were requested to submit first round quotes prior to Reverse Auction event.

Bidding Resulr

The whole bidding lasted for 45 minutes with 43 bids and 14 extensions. A substantial saving was generated due to competition and real time ranking feedback. 


Bid Graph