Regardless of its complexity, each auction goes through 4 phases:


  1. Creation - the process of configuring the event to be published and made available for the identified suppliers
  2. Publishing - inviting the suppliers to bid
  3. Monitoring - closely surveying the event, ensuring supplier attendance, quoting and deadline adherence
  4. Closing- centralizing offers, distribution to interested parties and evaluation of the most advantageous offer.


 


In order to better understand how these steps are happening within Prokuria, we have prepared a video that provides an overview of the process.







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