TRAXX

Disposal & Auction Engine

Complete disposal lifecycle management — from disposal request through multi-level approval, dispatch, and completion. Run online disposal auctions with vendor bidding, and reverse auctions for procurement. E-waste recycler compliance built in.

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The Disposal Lifecycle

Every disposal follows a governed path — from the initial request through approval, auction, dispatch, and final completion with full audit trail.

Disposal Request
Initiate with asset details and reason
Multi-Level Approval
Route through authority chain
Auction / Direct Sale
Run online auction or direct disposal
Dispatch
Track physical handover to buyer
Completion
Close with documentation and payment

Disposal Request & Approval

Initiate disposal requests for assets that have reached end of life, are damaged beyond repair, or are no longer needed. Multi-level approval workflows ensure proper authorization before any asset leaves the organization.

Disposal Request Creation
Create disposal requests with asset details, condition assessment, reason for disposal, and estimated residual value.
Multi-Level Approval Chains
Configurable approval workflows route requests based on asset value, category, and department hierarchy.
Bulk Disposal Requests
Submit disposal requests for multiple assets simultaneously — ideal for end-of-lease or technology refresh cycles.
Dispatch & Completion Tracking
Track the physical dispatch of disposed assets and record completion with proof of handover documentation.

Online Disposal Auctions

Run transparent online auctions to maximize recovery value from disposed assets. Vendors bid competitively, and the platform handles winner selection, notifications, and documentation.

Open & Close Auctions
Create auctions with start/end dates, reserve prices, and lot groupings. Open and close auctions on schedule.
Vendor Bidding Portal
Registered vendors place bids through a secure portal. Real-time bid tracking with automatic outbid notifications.
Winner Selection & Notification
Automatic winner determination based on highest bid. Generate award letters and notify winners instantly.
Cancel & Re-Auction
Cancel auctions that don't meet reserve price. Re-auction with adjusted terms or lot configurations.

Reverse Auctions for Procurement

Flip the auction model for procurement. In reverse auctions, vendors compete by bidding lower prices, driving costs down while maintaining quality standards and delivery timelines.

Vendor Bid-Down Mechanism
Vendors submit progressively lower bids in real-time. Transparent competition drives best-value procurement.
Floor Price & Bid Decrements
Set minimum bid decrements and floor prices to ensure bids remain commercially viable.
Side-by-Side Bid Comparison
Compare vendor bids across price, delivery schedule, warranty terms, and compliance criteria.
Auto-Award & Manual Override
Automatic lowest-bid award or manual selection when non-price factors need consideration.

E-Waste Recycler Database

Maintain a certified recycler database for environmentally compliant disposal. Track recycler certifications, capacity, and disposal history to meet regulatory requirements.

Certified Recycler Registry
Maintain a database of government-certified e-waste recyclers with license numbers and validity dates.
Recycler Capacity & Specialization
Track recycler capacity, accepted waste types, and processing capabilities for proper routing.
Compliance Certificate Tracking
Collect and store disposal certificates from recyclers as proof of compliant destruction or recycling.
Environmental Audit Trail
Complete chain-of-custody documentation from asset retirement to certified destruction — ready for regulatory audits.
2
Auction Types
Disposal auctions & reverse auctions
100%
Audit Trail
Every bid, approval, and handover logged
E-Waste
Compliant
Certified recycler tracking built in
5-Step
Lifecycle
Request to completion, fully governed

See Disposal Auctions in Action

Watch how enterprises maximize asset recovery value with transparent online auctions and compliant e-waste disposal.

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