2. 2
Electronic - Auction
• An e-enabled opportunity to optimize the price you pay
for the good or service being tendered. This is enabled in
a real time open and transparent environment with
clearly defined and agreed start and finish times.
4. 4
Present Electronic Auction :Access
Users login into the indiateaportal system using their unique username
& password
Broker sets valuation, taster’s comments & ask price
using the ‘broker valuation’ form
https://www.teaauction.gov.in/Home.aspx
5. 5
Present Electronic Auction :Access
Broker publishes the catalog for a sale using the ‘publish catalog form’
Broker’s auction floor prior to start of auction
6. Present Electronic Auction :Access
Buyers enter bids on their auction floor & view the highest bidder for
each lot
Lots added by buyer to his ‘My
gallery’
Brokers view progress of auction
7. 7
Present Electronic Auction :Access
Users view the auction results of lots through the ‘Auction results’ page
Winning buyer & price
Auction organizer views the bid history for lots using the ‘bid history’ form
8. 8
Electronic Auction
Salient Features of auction system
• Registered users only
• Multiple users with hierarchy
• Anywhere access
• Concurrent auctions from all centers
• Concurrent auctions by all
auctioneers
• Split second response
9. 9
Electronic Auction
Process flow
Central Back-
office
Auctioneer
1. Buyers to pay funds
2. Take delivery from
warehouse
1. Contract note to buyers
3. Download data
2. Bill for buyers to pay
3. Delivery order
4. Issue Memorandum of sale Buyer
5. Download data
11. E Publishing 11
• Electronic publishing or ePublishing includes
the digital publication of e-books and electronic
articles and the development of digital libraries and
catalogues.
• The digital creation
and distribution of
electronic content,
including printed
materials ,music,
video and software.