Reverse Auction
Drive procurement costs down by putting your suppliers into live competition.
In a reverse auction the roles invert: you publish a requirement and pre-qualified suppliers bid the price downward. What normally takes three rounds of email negotiation resolves in a single timed event.
Salasar clients have used reverse auctions across raw materials, packaging, logistics, contract manufacturing and services. Events can be configured for lowest price, or for a weighted score that also accounts for lead time, payment terms and quality ratings.
The platform supports rank-only visibility, where suppliers see their position but not competitors’ prices — usually the format that produces the most aggressive bidding without eroding supplier relationships.
What you get
- Events go live in about an hour with pre-defined settings
- Rank-only or full price visibility, configurable per event
- Weighted scoring beyond price alone
- Supplier pre-qualification and document checks
About reverse auction
How quickly can we get an event live?
With your supplier list and specification ready, an event can be configured and published in about an hour using the pre-defined templates.
Will suppliers see each other’s prices?
Only if you choose. Rank-only mode shows each supplier their own position without revealing competitors’ numbers, which most buyers prefer.
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.