Back to feed
190

Reverse auction for CNC machinery worth ₹4.2 crore — tips?

KN

Kavita Nair

Procurement Analyst, Wipro

Planning our first reverse auction for plant CNC. Spec compliance vs price pressure is the big worry. Manufacturing folks — third-party platform better hai ya in-house manage karna safer hai?

4 comments

Comments (4)

10·0
VS

Vikram Singh

3 days ago·Jul 31, 2026, 3:00 PM

Keep a technical gate. Only commercially clear vendors enter the live room.

9·0
AR

Ananya Reddy

4 days ago·Jul 30, 2026, 2:07 PM

Spec freeze before auction is non-negotiable. Mid-bid changes destroy trust.

8·0
RM

Rahul Mehta

5 days ago·Jul 29, 2026, 1:14 PM

Third-party platform better for first run — they handle bidder coaching and floor rules.

7·0
PS

Priya Sharma

6 days ago·Jul 28, 2026, 12:21 PM

We piloted reverse auction on MRO first before capex. Highly recommend starting small.