eAuctions

Stop wasting valuable business time going back and forth negotiating with your suppliers. eAuctions can be your new solution to get the most competitive price in the shortest amount of time.

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Create a competitive environment

Alongside saving weeks of face to face negotiation time, eAuctions can also drive down your spend. In contrast to the traditional closed door negotiation process, eAuctions are transparent - suppliers are more willing to offer their best possible price as they can visibly see the level of bids their competitors are providing.

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Improve your supplier relationships

Running an eAuction isn't just beneficial for your business, but for your suppliers business as well. The process gives them market intelligence on where their competitors position themselves and how they fair in comparison.

This is priceless market insight that can be applied to their future strategy, which also strengthens your relationship with them by being the enabler of this information source.

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Built with eAuctions strategy at its core

Working in conjunction with Jacob Gorm Larsen, DeepStream's eAuction functionality has been built using industry gold standards. Our settings enable you to consider all aspects that are important to run a successful auction event, providing you with best practices in an easy to navigate user interface.

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"When it comes to our overall procurement goals for the business, DeepStream has had a significant impact. As a procurement team, we are often measured by the amount of savings we generate, and DeepStream allows us to clearly demonstrate this - transparency is a big win for us."

Kees Bressers

Head of Procurement, Walker's Shortbread

"DeepStream is an extremely user friendly sourcing and RFx platform. Our organization has evaluated numerous tools over the years, and have found that tools often have either too many features, or are simply too complex to utilize effectively. Our sourcing events are now more efficient, and we are excited to see what else is in the DeepStream pipeline."

Dom N

COO, Dryden Group

"DeepStream makes things simple, we have so many suppliers and different commodities in many countries and it helps us organise things in a more efficient way.”

Panagiotis Apostolopoulos

Head of Procurement, IONITY

"The solution focuses on providing the best digitalised "RFx" service possible as opposed to other more wide spread alternatives. Great customer service and the ability for clients to give active input to the regular features/updates."

Scott Zambonini

Digitalization Manager, Scatec

"It’s about DeepStream understanding the procurement process, having a system that people in the heavy industry can relate to, and the platform’s flexibility, so you can structure the tender how you want to - it’s just easy."

Sara Nandin de Carvalho

Supply Chain Manager, Maersk