TABLE OF CONTENT

EXECUTIVE SUMMARY

Participation in the live auction is by invitation only. Reading this takes only 15 minutes as various Screen shots have been marked with comments in RED color for your convenience.

Suppliers must be registered and have a bidder/Vendor set up before the start of auction.

Suppliers must accept the terms of participation to be able to bid in the auction.

Invited suppliers will be informed with date, start time, auction number and auction name before the start of auction.

Invited suppliers will be provided with a contact number and a fax number before the start of auction. This is the number the supplier will call to inform the buyer/commodity specialist if they are having any problems with auction.

Supplier is responsible for the internet connection to the supplier portal. In case of loss of connectivity to the portal or if the supplier is not able to submit a bid electronically , they should contact the buyer/commodity specialist at the contact number provided in bid invitation immediately and fax/e-mail their bid to the buyer/commodity specialist before the end of auction.

In case of technical difficulty at the Ispat’s end the auction will be canceled and the buyer/ commodity specialist will inform the suppliers of the new date and time of auction.

During the auction, the suppliers will, at all times, be able to see the next valid bid price & the decrement value required for the next bid at all times.

Auction will be automatically extended for a period of 10 min if there is bidding activity in the last 1 min of auction.

At the end of auction only the supplier who has won the auction will be able to see the history.

Scope of this document

1. It contains instructions for suppliers to login to the ISPAT hosted live auction system.

2. It Contains screen shots and explanation of the various features and functions of Live Auction Cockpit.

3. It primarily focuses on reverse auctions features.

4. It can be used in conjunction with an online training session or conference call organized by the buyer/commodity specialist.

5. Please refer appendix for recommended browsers, versions and technical settings before you begin.

6. Access to the system will be restricted to suppliers invited by the buyer/commodity specialist.

STEP BY STEP INSTRUCTIONS FOR LIVE90

AUCTION.

Step - 1) Open the browser.

GO TO www.ispatind.com

Following screen will come

On above screen click on the “vendor portal” as shown.

Next screen will come.

Step-2

Step-2) please enter your user name & password.

( Please note your initial password is - init123. You can change it as per your requirement in

Next screen. The password should be in combination of alphanumeric e.g. ram123, shiva123)

Please change your password in above screen.

Next screen will come.

Step-3

Step-3) Click on the “process bid”.

Next screen will come.

Note: The Process Bids screen will bring up ALL the bids available.

You can search by bid number or name.

Step 4) Search for Bid with Bid Number or Name

Shown above is the option for searching for bids with Bid Number .This option provides the steps for performing a search when a specific bid number is available and/or known.

A. Enter the specific bid number or name you wish to search for in the ‘Number of Document’ or Name field.

B. Select the button.

The search will result in a list of bids/auctions as shown. The list contains basic information such as document number, brief description, start date and time, status etc.

C. Click on the Auction Number for the auction you would like to bid on.

Next screen will come.

NOTE: The icons in the far right column (Action) allow a bidder to perform the following functions for a bid as dictated by the status of the auction:

= View Details Icon (allows the user to view basic data and details of a specific bid)

= Change Icon (allows the user to change a previously held or submitted bid)

= Delete Icon (allows the user to delete a bid)

= Launch Auction NOTE: The “” icon only appears if an auction is currently active. The status would also indicate that.

Step 5: (OPTIONAL)

A. Suppliers can view the details of the auction by clicking the ‘Item Data’ sub tab

B. ‘Basic Data’ provides the basic information about the bid.

C. Suppliers can also view the details of the auction by clicking on and the details will be displayed. This screen has three sub tabs – ‘Basic Data’, ‘Information from Purchaser’, and ‘Partner/Delivery Address’.

D. Under the ‘Information from Purchaser’ supplier can review the auction terms and conditions or any attachments that the purchaser (Commodity Specialist) has attached for suppliers’ information.

E. Under the ‘Partner/Delivery Address’ the supplier can review the business partner and delivery address information.

Step 6: Click on Live Auction tab

Step- 6

Next screen will come.

Step 7: Live Auction Cockpit is launched in a new window.

A Security Warning dialog box will appear.

This will enable live auction cockpit on your computer.

Click ‘Run’ on this dialog box.

Step- 7

mySAP SRM Live Auction will start loading on your computer. It will normally take a few seconds.

Live Auction is Java based.

It is highly recommended that you have Java installed on your computer prior to running Live Auction.

Step -8: Once the live auction cockpit (LAC) is launched in a separate browser session as a

Java applet, suppliers will have to

A. Accept the Terms & Conditions.

B. Select the currency in which you want to bid. Then click the “Accept” button.

C. Now you are in the Live Auction Cockpit

Note: The supplier will see the following fields populated at the beginning of the auction:

1. ‘Item’ – This is the serial number or the line number

2. ‘Description’ – A brief description of the auction item(s)

3. ‘Quantity’ – It is the quantity being bid in the auction

4. ‘Unit’ – Unit of measure

5. ‘Price Unit’ – Price per unit

6. ‘Start Price’ – this the starting price of the auction

7. ‘Decrement’ – this is the minimum decrement required for the next bid and is preset by the buyer/Commodity Specialist

Once the supplier starts bidding, the other fields will get populated. The other fields display the following information:

1. ‘Rank’ – the suppliers rank in the auction is displayed here

2. ‘My Bid’ – Displays your current bid

3. ‘My Bid Value’ – Displays the total value of the bid. (My Bid X Quantity)

4. ‘Best Bid’ – The lowest or the winning bid at the time.

5. ‘Next Valid Bid’ – Displays the amount that needs to be bid to beat the present lowest bid. (Best Bid – decrement )

· Charts & system messages appear and suppliers can toggle within the chart and other views. In the middle section, suppliers can display details of the line items, history of bids submitted, a graphical chart of the bids being posted.

· Suppliers can switch between different modes by clicking on the icons displayed on the left side.

· Both chat and system messages are displayed in the same area. Suppliers can select which messages to display as well as whether or not to display a timestamp with each message.

· The graph can be displayed separately in a different window by simply double clicking on it. This display can also be enlarged.

Details Screen Display

History Screen Display

Charts Screen Display

Charts Calculation Display

Note:

A. If the supplier has a question, they can use the chatting functionality to ask the buyer / commodity specialist a question.

B. The bottom section of the Live Auction Cockpit allows chatting with buyers.

C. The supplier will see system messages and general broadcast messages from buyer.

D. Suppliers can ask questions or respond to questions by typing in the field provided and pressing the “send” button.

Step 9: Now that you are in the Live Auction Cockpit, it is time to start bidding and win the auction!

To start bidding:

A. Enter your bid price.

B. Submit the bid.

C. Confirm the bid. (To confirm click YES).

D. System will give message “Bids are submitted successfully.”

Note:-

· The suppliers have to decrement the bid by at least the minimum decrement.

· The value of the decrement is displayed under ‘Decrement’.

· The Decrement is pre set for an auction.

· Suppliers will be able to see the value of the bid needed to be the lowest bidder under ‘Next Valid Bid’

Step-10: The system will NOT accept a bid that has a decrement of less than the minimum

decrement. New bid price submitted is rejected because new bid price is higher

than previous bid price minus the decrement.

Step 11: The time remaining starts flashing in the last few minutes.

Step-12. The auction is automatically extended as a result of bidding in the last minute, it will be extended for a period of ten minutes. When the auction is extended, a dialog box informs the vendors of the new end time. The supplier has to click ‘OK’ to acknowledge the message and bid again.

Step-13. The auction will conclude at the designated time and status will change to “ended”. A dialog box will indicate the end of auction. Click ‘OK’ to acknowledge the message.

At this time, the supplier can no longer post new bids.