Pole Position Auction
Bidders compete for rank rather than a single winning price.
A pole position auction awards ranked places instead of one winner. Suppliers compete to hold first position, and the final ranking determines how volume is split between them.
It fits multi-vendor sourcing where you intend to award business to more than one supplier but want the split to reflect competitive tension rather than last year’s allocation.
Live rank feedback keeps the event moving: participants can see their position at all times and respond, without seeing the underlying prices of others.
What you get
- Ranked outcomes rather than a single winner
- Volume split follows final position
- Live rank feedback without price disclosure
- Designed for multi-vendor award strategies
About pole position auction
How is volume split across positions?
You define the split before the event — for example 50/30/20 across the top three — and the final ranking assigns it.
Ready to run your first auction with us?
Talk to the team about your material, your suppliers, or the format that fits. A demo takes twenty minutes.