An international home appliance manufacturer in Hong Kong.
Circuit Boards Bidding Project
One lot of circuit boards of various specifications.
5 pre-qualified suppliers based in Hong Kong and Guangdong province of China.
around HKD 1,600,000
Jul 2008
Bidding
in one single lot. Bidding period set to be 30 minutes. Any new bids
coming in the last 3 minutes would extend the period by 3 more minutes.
Bidders could see their rank only.
The whole bidding lasted for 50 minutes with 32 bids and 8 extensions.
Saved HKD 416,890, price reduction 27%
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