E-sourcing event                          Click here to register

An on-line negotiation involving a buyer and many vendors competing among themselves to meet the requirements of sourcing industry is termed as an e-sourcing event. When an electronic auction is resorted for procurement of products or services, then that event is termed as on-line reverse auction with the price bids being revised downwards by a minimum of bid decrement from the stat bid price.

Vendor/ supplier registration
In order to participate in the on-line reverse auctions, you need to be a registered vendor and has to get approved by sourcing industry. For registration as a credible supplier to industry looking for on-line procurement through spiderboom website, click on “register” button provided under “spiderboom login”. You will be taken through web registration form where in you need to provide all details about yourself and the key person authorized to transact on behalf of the organization. Once you enter all the details and agree to the terms of service of spiderboom.com by clicking on the “complete my registration” button, you have taken a step closer to unlocking the benefits through e-commerce. Apart from submitting the web registration form, you are desired to download the registration document by clicking on the “Member Registration Form” link provided, fill, sign and seal and mail it to our administrative office to take you through the registration process. Our team will evaluate your registration and will get in touch with you to understand your offerings.

Industry/ buyer registration:
If you are from an industry wishing to procure through the on-line auction platform of spiderboom, complete your registration as e- procurement - buyer by selecting the appropriate field from drop down menu given against registration type and follow the same procedures as mentioned earlier for registration as e-procurement supplier. Further you shall e-mail to krishna.kumar@spiderboom.com mentioning the products and services you wish to procure through us. Our team will evaluate your registration and will get in touch with you with our service offerings.


Upcoming events
We will put on our website the details of upcoming auctions/ tenders, mentioning the sourcing needs and terms and conditions of procurement of the industry registered with our website. You can click on the link provided with description to download and see the details and terms of on-line procurement auction/ tender notice as put up by the sourcing industry.

Participate in on-line reverse auction / e-tender:
On clearly understanding and agreeing to the terms and condition of the on-line reverse auction/ e-tender, you are desired to sign and seal and return the auction/ tender documents along with any other documents as stipulated by the auction/ tender notice within the timeframe permitted. Our team will scrutinize the documents and on approval by the sourcing industry, you will be entitled to participate in that particular auction for which you have submitted the documents  



Place your bids
    You can place your bids from the comfort of your home or office. All you need is a computer and access to internet. You also need to have a web browser IE 6.0 or above loaded on your desktop. Launch the Internet Explorer and enter www.spiderboom.com on the address bar. On the home page enter user name and password in the appropriate fields provided under spiderboom login.
     How ever as a security measure it is always insisted that you change the password before every auction/ tender event. This is to safeguard your interest and security of transactions. To change the password, login the with the user name/password created by you. Then click on “My Profile”. In the web page that opens up, you will find option to update the password. Click on update link provided to update password. Enter old password, new password and reconfirm it. Then click on “Update my Password” button to change the password. Your future log in will be with the new password
     Enter the user name and new password in the fields provided under spiderboom login and click on login button. This will authorize you to access the auction services page. Now click on “My Auction”. This will take you to the web page where you can see the auctions for which you are authorized to participate. You can enter the bid amount on “Your bid” column and click on submit button to let know your bid to the system. Be sure of the amount that you are submitting, as a bid once submitted cannot be withdrawn. If you get a feedback as invalid or prompt to revise your bid, it means that someone else has given a bid lower than you. You are requested to click on “refresh auctions” button at the top of “my auctions” page to know the latest status of your bid. This will refresh the auction page where you will see the lowest bid and bid amount shown in “your bid” column is by a bid decrement than the lowest bid. You can click on submit button to submit your bid and on being accepted it will show a message as to you are the lowest bidder. How ever you are requested to keep refreshing the auction page to know the latest status of your bid till the auction close time.  

Auction terminologies:


Benefits to vendor/seller:

By registering on our website, you gain the following benefits.


Benefits to industry/buyer: