Advanced Auction Platform for Connecting Steel Buyers and Sellers.
A leading Indian online auction platform for the steel industry. The project focused on digital transformation, aiming to empower businesses with a comprehensive platform facilitating efficient steel procurement and maximising returns. Systango's development of various e-business functionalities catered to the diverse needs of the steel industry.
Objectives.
The primary objective was to transform the steel purchasing experience by prioritising customer needs. We collaborated with their team to achieve this vision by focusing on three key pillars:
Transparency: Implementation of clear pricing policies ensures a fair and transparent environment for all participants in the auction process.
Assurance: Collaboration with trusted manufacturers guarantees buyers receive high-quality materials in the promised quantities.
Simplified Procurement: The development of a user-friendly online auction platform streamlines the steel procurement process for businesses.
Through our partnership, a feature-rich online auction platform was established that caters to diverse needs within the steel industry:
Multi-format auctions
Forward, Reverse, e-procurement, and e-tendering options cater to diverse needs.
Extensive network
Connects buyers with over 22,000 active bidders across India, including SMEs, traders, and end users.
Secure and reliable platform
Utilises cutting-edge technology to ensure smooth and secure transactions.
Live bidding experience
Interactive platform powered by Firebase Realtime Database, RabbitMQ, and PostgreSQL for dynamic auctions.
Real-time reporting
Provides immediate updates on bidding activity for all participants.
Comprehensive reports
Generates various reports to meet administrative needs and track auction performance.
Dedicated portals
It includes 3 portals. The admin portal enables the creation and management of auctions, the seller/client portal shows bidding results and the bidder portal displays upcoming and live auctions.
Detailed Reports
The platform generates various reports to meet administrative needs and track auction performance, allowing for data-driven decision-making.