An Online Bidding System (OBS) under Price Match Mechanism for Commercial Procurement

Jun Tan; Ming Zhong

doi:10.4028/www.scientific.net/AMM.556-562.6540

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HomeApplied Mechanics and MaterialsApplied Mechanics and Materials Vols. 556-562An Online Bidding System (OBS) under Price Match...

An Online Bidding System (OBS) under Price Match Mechanism for Commercial Procurement

Abstract:

Online E-commence system has been growing rapidly in world. It’s become an increasingly popular method for commercial procurement. This study will come out with a model of online bidding system (OBS) can be bid in a computerized environment. The framework is designed to be a simple and easy to use the system. It provides real-time information during the bidding so that seller can check the current price for the registration number and revise his bid. At the same time, it could help buyer to notify the winner within open bidding process. Utilize the features like bid notification, OBS system will help buyer and seller to obtain fair price with great efficiency.

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Periodical:

Applied Mechanics and Materials (Volumes 556-562)

Pages:

6540-6543

DOI:

https://doi.org/10.4028/www.scientific.net/AMM.556-562.6540

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Online since:

May 2014

Authors:

Jun Tan*, Ming Zhong

Keywords:

Bidding Model, Bidding System, Commercial Procurement, Price Match Mechanism

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