Run English, Dutch and Japanese auctions to discover market prices and optimize spend through transparent competition among pre-qualified suppliers.
Pick the format that matches the category: continuous under-bidding, price ticking down from a ceiling, or timed offers accepted round by round.
Suppliers keep under-bidding each other in real time. Best price wins. The default for well-defined materials.
Price ticks down from a ceiling; the first supplier to accept wins the lot. Fast, decisive, great for higher-complexity items.
Every round a new target price is offered; suppliers accept or exit. The last supplier still in wins.
Five outcomes, one engine — transparent competition among pre-qualified suppliers.
Live bidding surfaces the true market floor within a single session — every drop is proof, not opinion.
Pre-qualified pool competes in the same window.
Reported across awarded categories per event.
Award within a single session, not weeks.
Commodities, packaging, indirect, CAPEX.
Reverse, forward, Dutch or Japanese — configured with the safeguards, transparency levels and business rules your buyers and suppliers actually need.
A last-second bid extends the clock automatically, so no supplier can win by sniping the deadline.
Run many items in one event, one at a time — pause, release the next, and keep suppliers focused on the lot in play.
Suppliers see position, gap to best and time remaining in real time — enough signal to react, not enough to game the room.
Configure exactly what suppliers see — position, gap to best, ranks or full best bid — and set it per category.
Import duties, malus, quality adjustments — auction logic ranks by landed cost, not headline price, and honors your business rules.
Six steps that live in one Request — General tab to final award, no side-tools, no re-keying between systems.
Open a Request, flip Activate auctioning on the General tab, and pick the format that fits the category — English (Reverse or Forward), Dutch or Japanese (coming soon).
Set the safeguards for the room — prolonging time, minimum decrement, ranking visibility, ceiling quote, no tie bids. Every toggle maps to a real supplier-side behaviour.
On the Add items tab, load your line items. For bonus/malus per supplier, add a Suppliers Coefficient column and mark a formula column as Main Price — ranking uses that.
Pick vendors from your directory, invite further suppliers one by one, or upload an Excel draft. Set line-item visibility and qualification per invitee, then preview and publish.
A live countdown, Running badge and Bid history table update as bids arrive — pause the room any time. Japanese auctions show a rounds-and-confirmations grid instead of a bid chart.
Work through Bid History, Pivot table, Supplier Analysis, Scenarios and Statistics. Award the offer with the best final price (main price).
The producer used PINPOOLS to digitize and centralize its category spend — introducing e-auctions, formula-based pricing and SAP-linked Series requests. Incumbent suppliers reluctant to use digital tools were handled with Email to Quote, letting traditional quoting be parsed automatically.
Formula updates drove monthly pricing; benchmarking added transparency. Tenders became repeatable and insights measurable.
“Formula updates now drive monthly pricing, and every tender is repeatable — the first time our category reviews started from data instead of email threads.”
Three: English (both reverse and forward, on the same engine), Dutch, and Japanese.
When a bid arrives near the end of the auction, the clock is extended to ensure fair competition. This is native auction logic in PINPOOLS.
Yes — the "Stop & Go" mode handles multi-item auctions.
Yes — formulas cover complexity like import duties, malus points, quality adjustments, and more.
Run your first e-auction with our team on your own category.
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