Customer Training Module

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Content

Content Slide No

• Login Procedure 3-6

• Acceptance to auction terms. 7-9

• View and participate in live auction 10-12

• Yankee auction 13-20

• Price break up submission guidelines 21

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Login procedure:

Steps
1) Type https://auction.buyjunction.in in the address bar of your internet browser.
2) Enter your user id and password. Then click on “ENTER”.
Note :- Kindly log in only through internet explorer (Version 9 and above),Mozilla Firefox.

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 Login procedure: contd….

• Once logged in, you will be asked to change the password.

• We strongly advice you to change the password when you will log in for the first time.
• For security purpose please do not share your password with any one.

Change password

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 Login procedure: contd….

• You can also change your password by clicking on the Profile option then change password.

Change password

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 How do you generate your new password if you have forgotten it?
• You need to go to our website https://auction.buyjunction.in & click on forgot password option. Then enter your User
code & registered e‐mail id and press on enter button . Once you do this, your changed password is automatically sent
to your registered e‐mail id thru’ a system generated mail .
• In case of any difficulty please contact to the training team members. All the Numbers are given in the auction notice
itself.
• Note: You need to have your user PAN no ready with you while interacting with our team for password related
information.

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Process for downloading the Pre auction Documents:
You need to click on the ‘Download Button’ then click on ‘Pre auction documents'. Once you click on
the ‘Pre auction documents‘ you will get the screen where all the documents will be available. Click on
the link & download all the auction documents .

Pre Auction Documents

Click on the link for downloading the Pre Auction Documents

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Acceptance to Auction terms:

Steps
1) Click on Auction Terms.
2) Then click on View.

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 Acceptance to Auction terms: Contd..

Steps
3) Read the auction terms by clicking on respective entry under “Term ” column.
4) Select the check box.
5) Click on Accept.
6) Then click on Submit.

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a) Select the Check Box. 3

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Acceptance to Auction terms: Contd..

• A message will be displayed to you mentioning acceptance to terms for auction .

Terms accepted

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MAC address Tracking & view live auction
•Once you click on Bid(s) Live auction
•A Pop will appear on your screen asking for your confirmation to track your MAC
address.
Kindly click on ‘OK’.

MAC address tracking

consent pop up
MAC address Tracking Contd…
4. You will receive another pop. Kindly Click on the check box & Click on “Run”.
Note:
Please ensure that Java 1.7 or above is installed in your machine.
View live auction contd… :
Steps
1) Enter your transaction Password which would be same as your login password.

2) Click on enter button.

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Steps contd…
3. After clicking on live auction the markets will be visible to you as per your eligibility.

4. Select the markets from this list where in you want to place your bid during live auction

5. Click on “ Add to Watchlist” button. All selected markets would be displayed to your bidding screen ( ref next slide)

Note: Incase of multiples market in the auction, whenever new market will be launched you need go back to
the “Add to watchlist section” by clicking on “ Modify Watchlist “. Or else new markets will not be visible in
your bidding screen. ( refer next slide for “Modify watch list” option)

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Yankee Auction

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 Important Instruction for Yankee Auction:

• In Yankee auction bidders have to quote for the quantity which they want to supply along with the
price at which they want to supply.
• They can see details for the auction i.e. Auction name, bid currency, minimum price change,
minimum quantity change, boundary bid quantity, total quantity by placing your cursor on the
auction name link. Bidders cannot quote for any quantity below boundary bid quantity. UOM is
the unit of measurement. Bidder will be able to see Max Price [the maximum price at which some
quantity has been allocated to customer(s)], Min Price [the minimum price at which some
quantity has been allocated to customer(s)], My Price will show last quoted price by the bidder
and Allocated Quantity will be the quantity which has been allocated to them at their last quoted
price at that particular time. This quantity may get change over the time if there is any leading bid
comes.
• To place a bid, bidder has to enter their bid quantity in “Quantity” box, bid value in “Bid” box,
select the check box at the extreme left of the row and click on submit.
• If Bid is accepted then bidder can see Bid Accepted in the “Result” column. They will also be able
to see the quantity allocated to them and bid value in “Allocated Quantity” and “My Price” column
respectively.
 

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Steps contd…

•Please note that the quantity allocated to them may not be equal to the quantity quoted by them. It
will depend upon the price and quantity quoted by other customers.
•Incase their bid is not accepted “Bid Rejected” will appear in “Result” column. Bidder can revise
their bid in-case they want to place a new offer price. Bid can also get rejected if their bid
value/quantity change is not in multiple of minimum change price/quantity, or bid value is higher
than their last quoted price or bid quantity is lower than their current allocated quantity or their
quoted quantity is lower than the boundary bid quantity.
•In Yankee auctions, Qty allocation is done in the order of Price, Quantity & Time. i.e.
•In case of two bidders quoting different prices bidder who have quoted lower price will get
preference while quantity allocation.
•In case two bidders have quoted same price, bidder who have quoted higher Quantity will get
preference while quantity allocation.
•In case both price & Qty is same for two bidders, bidder who have quoted earlier (w.r.t time) will
get preference while quantity allocation.

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• In Yankee auction you have to quote for the quantity which you want to supply along with the price at which you want to
supply.

• By pointing your cursor to “code” you can see details for the auction i.e. Auction name, bid currency, minimum price change,
minimum quantity change, boundary bid quantity, total quantity.

• Pls note that You can not quote for any quantity below boundary bid quantity.

Code

Auction details

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Description:

1) UOM is the unit of measurement.

2) Max Price is the maximum price at which any quantity will be allocated to any customer.
3) Min Price is the minimum price at which any quantity will be allocated to any customer.
4) My Price will show your last quoted price.
5) Allocated Quantity will show the quantity allocated to you at your last quoted price.

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Steps:

1) To place a bid put your bid quantity in “quantity” box.

2) Put your bid value in “Bid ” box.
3) Select the check box at the extreme left of the row.
4) Click on submit.

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Bid confirmation msg:
Bidders will receive a pop up message confirming the Quantity & Price quoted by them for each bid as soon as
they ‘click’ on the check box provided along side each market.
Bidders can click on ‘continue, & then click on ‘submit’ button to submit their bid, if found ok or else they can
click on ‘cancel’ to edit their bid.
In case any bidder edit their bid, after selecting on ‘continue’ they need to select the check box again. If they try
to submit their bid directly , system would ask them to select the ‘check box’.
Steps:
1) If your Bid is accepted you can see Bid Accepted in the ”Result” column.
2) You can see the quantity allocated to you and your bid value in “Allocated Qty” and “My Price” column respectively.
• Pls note that the quantity allocated to you may not be equal to the quantity quoted by you. It will depend upon the proce
and quantity quoted by other customers.

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Note:
• If your bid is not accepted Bid Rejected will appear in the “Result” column. In this case you will need to revise
your bid.
• Bid can be rejected if your bid value/quantity is not in multiple of change price/quantity, or bid value is higher
than your last quoted price or bid quantity is lower than your last allocated quantity or your quoted quantity is
lower than the boundary bid quantity.

Bid rejected

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Bid rejection msg :
1. In case any bidder try to reduce bid price by 50 % or more directly in one bid from Start Bid price for first bid
or from minimum market price for subsequent bids, His bid would be rejected & he would be able to see the
reason by clicking on the ‘rejected’ bid message.

2. Bidders will not be able to quote a Qty higher than the their individual Qty limit as fixed for them. In case try to
place a bid above such limit, their bid will be rejected.

Bid may be rejected due to few other reasons as well & bidders will be able to see the reason for such rejection
by clicking on ‘rejected’ link.
 How to submit your price break up
after auction:

• After the competition of the auction incase you are L1 / have matched the L1price or as
applicable and stated the RFQ /Auction notice, you have to submit the item wise price break up
in the format as stated in the Auction notice (Annexure-4)or RFQ.
• The price break up has to on the price basis quoted during the online event LCNC/LCNS etc as
the case may be.
• For any clarification related to taxes applicable, clarify prior to start of auction.
• All the price break up have to be sent to company letterhead signed & stamped by authorized
signatory of your company.
• You may send the price break by Scanned copy through mail at the following email address:
[email protected]
• You may also send the same vide fax to our number 033-66011725.
• Price break up has to submit within 2 hrs from the time of completion of the event.
• Failure to submit the price break up may attract penal measures as deemed suitable by the
client.

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How to register your
query/suggestion/feedback/complain in the cchp:

1)Bidders can register their query/suggestion/feedback/complain through "Feedback" link provided on the Menu bar or send
email at [email protected]
2)Steps: Click on Feedback option->Click on New->Write your comments in the Description box & Submit.

1)Feedback Link