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 Present Electronic Auction :AccessUsers login into the indiateaportal system using their unique username& password Broker sets valuation, taster’s comments & ask price using the ‘broker valuation’ formhttps://www.teaauction.gov.in/Home.aspx
5 Present Electronic Auction :AccessBroker publishes the catalog for a sale using the ‘publish catalog form’Broker’s auction floor prior to start of auction
Present Electronic Auction :AccessBuyers enter bids on their auction floor & view the highest bidder foreach lotLots added by buyer to his ‘Mygallery’Brokers view progress of auction
7 Present Electronic Auction :AccessUsers view the auction results of lots through the ‘Auction results’ page Winning buyer & priceAuction organizer views the bid history for lots using the ‘bid history’ form
8 Electronic AuctionSalient 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 Electronic Auction Process flow Central Back- officeAuctioneer 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
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.
E-Publisher service provider 12 http://www.samachar.com/
17Advantages & Disadvantages of E-AuctionAdvantages:Reduction in cost of goods & servicesProcess EfficiencyProcess consistencyDisadvantages:Possibility of FraudLimited ParticipationSecurity ProblemSoftware
18Advantages & Disadvantages of E-PublishingAdvantage:Faster publishing timeNegligible investmentEasily searchableDisadvantage:Lower salesNo AdvanceBookstore AvailabilityDifficulty to reading computer screen
19“If you cut a tree you cut your life” Thank You