bidproc Case Studies

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How a Top Oil Production Company in Oman used bidproc Events to make significant returns on their Disposal

bidproc case study

Daleel Petroleum LLC, one of Oman’s top Oil Production Company often disposes Used & Excess Goods. The challenge for Daleel Petroleum was not being able to make significant returns on their disposals. In discussion with bidproc, Daleel Petroleum conducted 4 separate and successful eAuction Events for the Disposal of Electrical items, Pipe Fittings, Pipes and Valves across bidproc’s Bidder Pool. The bidproc Team helped Daleel Petroleum conduct the multiple eAuction Events on www.bidproc.com, which led to forming a healthy & competitive environment amongst the Bidders. And the net result of these competitions? Daleel Petroleum ended up with considerable* gains on every single Disposal Event, which when calculated collectively, showed a considerable impact, beyond expectations.

*actual value withheld due to privacy.

Challenges faced by Daleel Petroleum on Hosting an eAuction Online

Daleel Petroleum faced the following issues with hosting their Event online:

  • 1. Bidder Sourcing: not being able to find bidders for the excess goods they have.
  • 2. Not having Reports & Audit trails: finding reporting system and system that tracks process from the beginning to the end.
  • 3. Operational & Admission Support: they wanted a team that can help them outsource the Event.
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bidproc

Why Daleel Petroleum chose bidproc

Daleel Petroleum was already exposed to businessgateways’ support services, and their trust in our Team made it easy for them to choose us. While demonstrating the capabilities of bidproc to the Daleel Petroleum’s professional Team, the simple user interfaces, black and white mechanisms of transparency, conformance to security etc., of bidproc, were some of the key elements that played in gaining Daleel Petroleum’s trust to deploy bidproc for this Event.

How bidproc responded

bidproc hosted four eAuction Event: Disposal of Electrical items, Pipe Fittings, Pipes and Valves

The businessgateways Team listened to the Daleel Petroleum’s needs, understood their requirements, and started by giving them a detailed demo on the bidproc platform. Next, we ran a dry test on their Event to show them how they could use bidproc ensuring all their stringent policies are met. Then came the aspect of training Daleel Petroleum’s Team, and Bidders, which was conducted online. And when all these things were set in place, we created the Events: Disposal of Electrical items, Pipe Fittings, Pipes and Valves exhaustively with all required parameters set in place as per the Daleel Petroleum’s requirements and launched the Events live. In addition to inviting bidproc's Registered Bidder Pool of over 200+ verified Bidders who matched the Daleel Petroleum’s Target profile, the bidproc Team also announced the Event to the JSRS Certified Suppliers Network (JSRS CSN), in an attempt to bring in more Bidders. In short, we hand-held Daleel Petroleum and Bidders across the full Event, to success.

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bidproc

The Results

Each of the four Events were held for a duration of 1-3 Hours and during each Event, the selected Bidders actively participated with our dedicated support. Daleel Petroleum ended up with considerable* gains on every single Disposal Event, which when calculated collectively, showed an extensive impact on spend savings.

Daleel Petroleum generated all reports spanning across Bidder Interest Response Report, Bid History, H1Report which included the Auction Closure Report.

*actual value withheld due to privacy.

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