Transforming Procurement: Custom Auction Portal for a Manufacturing Giant
Our client is a leading manufacturing conglomerate with operations across Asia and the Middle East, producing industrial machinery, components, and engineering systems. With over 40 procurement locations and a supply base spanning hundreds of vendors, the company faced complex sourcing cycles, decentralized negotiation processes, and inconsistent pricing transparency.
Established in 1995, the client has a legacy of innovation and is now focused on digitizing procurement to boost agility and reduce costs across its global supply chain.
Client Requirements
- Centralized auction portal for sourcing raw materials and critical components
- Reverse auction functionality for price discovery and competitive bidding
- Real-time vendor participation with multi-user access
- Role-based controls and audit trails for procurement compliance
- Integration with SAP ERP and internal approval workflows
- Analytics on savings, vendor performance, and procurement efficiency
Our client required a custom-built auction solution to streamline procurement, gain pricing advantage through real-time competitive bidding, and improve oversight of multi-location sourcing activities. The platform needed to support complex approval workflows, allow vendor prequalification, and integrate seamlessly with their existing ERP system.
Solution & Result
We developed a secure, enterprise-grade auction portal using PHP and Laravel, tailored for reverse auctions and real-time vendor interactions. The platform included category-specific auction templates, automated bid comparison tools, and configurable workflows aligned with the client's internal procurement policies. Advanced security features such as role-based access, encrypted transactions, and approval logs were implemented to meet regulatory and internal audit requirements.
SAP ERP integration enabled automatic syncing of purchase requests, RFQs, and auction outcomes, eliminating manual duplication. Custom dashboards provided real-time tracking of auction performance, vendor activity, and realized savings.
19% Reduction in Procurement Costs
Achieved by introducing competitive bidding, centralized oversight, and data-driven vendor negotiations across all sourcing regions.