Buyer Company |
A global leader in electronic learning products from infancy through toddler and preschool and the world's largest manufacturer of cordless phones. |
Project Name |
39-Keypad(rubber) Reverse Auction |
Bidding Items |
39 Mini Rubber Keypads with different designs |
Suppliers |
6 qualified suppliers from China and Taiwan |
Bidding Date |
June 2013 |
Bidding Strategy |
Since there many line items, Buyer slip the items into 3 approximately equal dollar amount lots. Suppliers bidding by Rank Only. |
Bidding Results |
It was a long auction lasted 241 minutes. The buyer decided to auction the spend lot by lot. In total, 110 bids were submitted with 23 extensions. |