For over a decade now, buyers and sellers have used MatexNet's various auction platforms successfully to obtain the most value for their requirements. Here are some case studies.
Annual transport services contract for automotive components manufacturer
Bid type: Online Price Bid + Online Reverse Auction
A leading Bangalore-based manufacturer of automotive components required their products to be transported from their units at 19+ locations to over 50 destinations across India. The specifications included various types of vehicles, tonnage, open and covered trucks, and different zones of operation. The company finalized the award of their annual contract for transport services using the Matex Logistics reverse auction platform. Logistics was utilized to obtain price bids from a wide base of service providers, as well as to negotiate the most competitive prices.
Transportation of oil across the country for a PSU
Bid type: Online Closed Price Bid from Pre-qualified Bidders + Online Reverse Auction
A reputed PSU based in Kolkata needed to finalize transportation contracts for procurement and transportation of oil from various cities, across several geographical locations in India. Using Logistics, closed price bids were first acquired from pre-qualified vendors online. Bids were then opened, and a reverse auction was conducted to obtain the lowest price and award the contract to the corresponding bidder.
Procurement of travel & security services by an automobile manufacturer
Bid type: Online Closed Technical & Price Bids + Online Reverse Auction
A Bangalore-based automobile manufacturing company had multiple requirements for travel and security-based services in several cities. These included local and out-station car rentals, security services, travel agent services, and hotel reservation services with varied parameters. Closed technical and price bids were first obtained on Logistics, and a reverse auction was conducted among the bidders to obtain competitive prices for the services.
Ocean transportation of copper across the globe
Bid type: Global Online Reverse Auction
A copper producer based in India required the services of ocean freight companies to transport his product to various destinations across the world. An online reverse auction was conducted on Logistics, where US dollar bids were received from competing global bidders. The best bid was obtained through transparent online negotiations on the platform.
Component procurement by a ship builder
Bid type: Two-part Bidding + Online Reverse Auction
A Vizag-based ship building company used the services of Matex Logistics to finalize a contract for component procurement. The technical and price bids were obtained online from the vendors. The technical bid was first opened to assess the vendors’ qualifications for approval. The price bids of only the approved vendors were opened for comparison. The online reverse auction platform was then utilized for second-round price negotiations.
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