Project
Summary marketingQ helps the
client to bring efficiency into their procurement functions. The product
consists of Web Services and a Web Application. marketingQ will enable
the web service consumers to build a system to procure goods and services
at the most cost effective prices by hosting reverse auctions.
Reverse auction works very much like a normal auction except that
the bids keep decreasing and the auction is hosted by the buyer.
The buyer posts a request and a suggested starting price for sought
goods and services. The request can be for products or services.
Suppliers who can provide the goods or service then ‘reverse’
bid against each other to secure the sale. The bidder who can offer
the buyer the requested products or services at the lowest, most
cost effective price wins the bid.
This creates a very lucrative environment for both the buyer and
the seller. The trading is reinforced by a strong rating system.
marketingQ consists of the following web services:
1. RFP
2. Registration
3. Vendor Database
4. File Cabinet
5. Reverse Auction
The web services have been developed using XML, VB.NET and SQL
Server 2000.
The marketingQ web application is the place where
buyers conduct online auctions and invite vendors to participate
in the auction.
Important features include:
1. Easy wizard for RFP creation
2. File Management Services
3. Vendor Rating System
4. Proxy Bidding
The web application consumes the web services and has been developed
using ASP.NET, VB.NET.
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