Auctions
Auctions made simple, and connected
Seamlessly move from RFPs to English, Dutch, or Japanese auctions to ensure transparency, boost supplier engagement, and unlock more savings.
"Most companies struggle with e-Auctions, but with the right setup they become a real value driver.”
Founder Moneyball CPH
Boost competition
Run English, Dutch, or Japanese auctions to get better offers.
Save time
Cut weeks of negotiations down to minutes with real-time bidding.
Increase transparency
Suppliers see clear feedback and rankings, creating fairness and trust.
The power of auctions
Auctions make negotiations faster, fairer, and more transparent for buyers and suppliers. Archlet makes auctions easy to set up and helps buyers train suppliers with automated training materials and guidance.
Run multiple auction formats
Choose from English, Dutch, or Japanese auctions to match your category strategy and negotiation goals.
Set flexible auction rules
Set starting prices, reduction steps, rank-only feedback, or time extensions to match your sourcing needs.
Enable real-time feedback
Give suppliers instant traffic-light feedback and rankings to drive competition and sharper offers.
Simplify supplier participation
Clear guidance, easy chat, and a simple interface make auctions effortless for suppliers.
Get AI guidance with Spark
Spark reviews your RFx, guides you to the right auction format, and auto-generates the setup. You get a tailored plan to maximize results with no extra effort for your team.
Auction features
Auctions
Run English, Dutch, or Japanese auctions to match your negotiation strategy.
Traffic Light Feedback
Give suppliers instant feedback and rankings to keep competition sharp.
Flexible Bidding Rules
Set starting prices, bid steps, rank-only views, or auto extensions with ease.
AI-guided Setup with Spark
Get auction recommendations and auto setups tailored to your RFP.
Integrated Supplier Chat
Message suppliers in real time with transparent, in-auction chat.
Full Compliance & Audit Trails
Track every bid and decision with complete transparency and reporting.
Seamless Integration
Move seamlessly from RFPs to auctions and view results in your dashboard.
Supplier Trainings
Equip suppliers with guided onboarding, best practices, and an intuitive interface.
Live Auction Adjustments
Pause auctions or remove bids during live events with ease.
Optimize complex sourcing and simplify tactical and tail spend. All in one place.
See how much easier it is to collaborate on every kind of sourcing event in Archlet.
Sourcing
Launch RFIs, RFPs, and RFQs with ease, manage projects efficiently, and collaborate at scale.
Sourcing Optimization
Run multiple award scenarios and bid analysis to drive savings in complex spend areas.
Spark AI
Summarize key documents, get intelligent suggestions and automate routine tasks.
Frequently Asked Questions
What types of auctions does Archlet support, and how do reverse auctions work?
Archlet supports English, Dutch, Japanese, ranked, and multi-lot auctions. In a reverse auction, suppliers lower their prices in real time. Buyers can decide what feedback to show, such as rank, target price, or traffic-light indicators, to drive fair competition.
What types of sourcing events is Archlet best suited for?
Archlet supports RFIs, RFQs, RFPs, and auctions of all sizes. It is especially powerful for large line-item or lane-based events, multi-supplier events, and multi-currency events where cost, risk, and constraints must be balanced.
Ready to change the way you source?
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