Source & order
Bring competitive bidding into sourcing.
Reverse auctions are live in Kraya. Bring supplier bidding into the sourcing process while keeping the commercial decision with your buying team.
Start with the sourcing requirement.
An auction is not the right method for every purchase. Consider the category, supplier pool and the conditions your team uses to judge an offer.
Keep bids and decisions distinct.
A bid is an input to a choice. Price needs to be reviewed alongside the conditions that matter to the business, rather than treated as an automatic award.
Connect bidding with the buying process.
Supplier bids support the sourcing decision. Review the auction workflow alongside the requirement and the conditions your team uses to assess an offer.
Questions
Is the module live?
Yes. Reverse auctions are part of Kraya's live offering.
Does the lowest bid automatically win?
Automatic selection or award is not promised. The buyer's criteria remain part of the decision.
Discuss your auction requirements.
Tell us which sourcing categories you want to evaluate.