Customers benefit from faster sourcing and cost savings
MYCRANE, the first global platform for online crane rental, has launched a powerful new MYCRANE Auction feature, designed to improve transparency, accelerate rentals and deliver greater value for both customers and suppliers.
MYCRANE Auction supports multiple auction types, including reverse auctions, forward auctions, and sprint formats, giving customers full flexibility in how they engage with suppliers. At launch, the reverse auction format is expected to be the most used, particularly for high-value, urgent, or competitive rental jobs.
Accessible via the main rental platform, the system enables users to receive live bids from verified equipment providers in real time. This dynamic bidding process not only helps customers achieve cost savings—often in the range of 10 to 20%—but also reduces procurement timelines by as much as 60%, according to MYCRANE projections.
Auction module
“With the introduction of our auction module, we’re taking another big step forward—offering customers complete visibility of supplier pricing in real time, while helping our partners compete on a level playing field,” stated Andrei Geikalo, MYCRANE Founder and CEO.
For customers, MYCRANE Auction provides enhanced control over timing and scope, side-by-side comparison of all offers, and improved decision-making through a transparent bidding interface.
Verified suppliers can compete either directly on the platform or, in cases where a quote has been submitted offline, be invited to join the auction and bid against other offers in real time, a press report concluded.
