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E-Auction Statistics by Purchasing Category

Online Auctions conducted by cosmoONE on behalf of private and public sector companies have been categorized at three levels depending on the category of supply (goods, projects & services).

 

The chart below lists the main categories. Hover the mouse over them to:

  • Select a subcategory and continue to click in order to show the next level with the subcategories, and so on.
  • Select the double arrows icon that will allow you to see all categories on all levels with gradual drill down & roll up.

The information that will appear on your screen is as follows:

Benefit (on Budget): Is the average benefit (per cent) based on the budget in each category.

# Total number of Auctions (lots): This is the number of auctions that have been conducted for this subcategory since 2001 until the last update of the data.

Budget total amount: It is the total budget of the sub-category auctions, according to the organizers.

(AVG) Invited companies /lot: This is the average companies (per lot) invited to the auctions, in this category.

(AVG) Bids /lot: This is the average bid (s) given in total (per lot) for the auctions, in this category.

(AVG) Extensions /lot: This is the average of the total extensions given in the auctions (per lot), in this category.

 

DIRECT BENEFITS FOR YOUR COMPANY

COST REDUCTION

by the possibility of submitting new improved prices by the participating candidate suppliers.

PAPERWORK REDUCTION

from the reduction of appeal procedures after electronic submission of financial offers.

SAVE TIME

since the personal presence of executives in the economic negotiation is not required.

TRANSPARENCY

since access to information by participants is made in the same, non-discriminatory terms.

ONLY VIA INTERNET

no software or hardware is required, and no IT support from your company.

EFFICIENCY

since it is possible to repeat a similar auction auction at minimal cost in a minimum time.

See in detail the e-procurement applications you can use!