Interested suppliers respond with their bids and buyers choose the winning bid.
Purchasing is done directly through the site. CEO Inder Sharma, a hospitality industry veteran, believes the system addresses the needs of buyers, who gain increased purchasing power, and vendors, who gain new clients and sales leads from the system. They've been very supportive of people in the industry and stopped and listened to the different ways of doing business today. At least on the surface, prospects appear bright. The trend is the mini-auction.