What is an e-Auction
e-Auctions are negotiations conducted via an online platform. Suppliers get the possibility of improving their proposals based on market feedback (e.g. rank in negotiation) and are considered to be the most transparent way of conducting negotiations.
e-Auctions include both price and non-price (service level, quality, etc.) parameters to ensure the result of the auction reflect the overall best total value for APMM.
Benefits of participating in an e-Auction
- Transparent process
- It will be clear to participants why they won/lost the e-Auction.
- Participants will receive real-time market information.
- Contracts can be awarded faster.
- Time saving compared to face-to-face negotiations.
A.P. Moller – Maersk E-Auction Guideline
When conducting e-auctions it is critical for A.P. Moller – Maersk that it is done fair and transparent. The E-Auction guideline describes the process, ethics and principles for how E-Auctions are conducted in A.P. Moller – Maersk. We recommend all potential suppliers to read through the guideline prior to participating in an e-auction: E-Auction guideline