JP International
Contact Us
Open Service

AUTOSTOCK

Automating ingredient and goods procurement with supplier-centric bidding.

A supplier-centric procurement platform that standardizes sourcing needs into an RFQ, then lets multiple suppliers bid on price, lead time, and quality.

What Problem Does It Solve

Traditional procurement means coordinating price and lead time individually with each supplier — slow, and hard to compare. AutoStock standardizes sourcing needs into a single request for quote (RFQ) and lets multiple suppliers bid at once, connecting the whole procurement process into one flow.

Venues & Buyers

Procurement as one connected flow

  • Create an RFQ
  • Compare supplier bids
  • Select a supplier
  • Order integration
  • Procurement history
Open AutoStock
Suppliers

You can participate in bidding

  • Review RFQs
  • Submit price / lead-time / quality terms
  • Bid in real time
  • Trade-history-based evaluation
Open AutoStock

Key Functions

  • RFQ creation

    Create a request for quote with standardized quantity, lead time, and quality terms.

  • Supplier bidding

    Multiple suppliers submit terms and participate in bidding.

  • Price / lead-time / quality comparison

    Compare bid terms at a glance.

  • Supplier selection

    Select a supplier based on the compared terms.

  • Order integration

    Connect the selected supplier into ordering.

  • Procurement history and data analysis

    Record procurement history and analyze the data.

How It Works

  1. Create an RFQ

    Register sourcing needs as a standardized RFQ.

  2. Suppliers bid

    Multiple suppliers bid on price, lead time, and quality terms.

  3. Compare and select

    Compare bid terms and select a supplier.

  4. Order and receive

    Place the order, then update inventory once received.

Service Structure

AUTOSTOCK · SUPPLIER-BIDDING AUTOMATED ORDERINGVenue Inventory SensingPOS sales · threshold detectionAI Demand ForecastSales trend · season · eventsAuto-Generate RFQStandardized quantity · lead time · quality termsBidding Open · Real-Time Supplier Bids (Reverse Auction)Supplier APrice / lead timeSupplier BPrice / lead timeSupplier CPrice / lead timeAward EnginePrice · lead time · quality · trade-history scoringOrder Confirmed → Received → Inventory UpdatedInventory update auto-triggers the next ordering cycle (loop, left)

FAQ

What is AutoStock?
A procurement platform that standardizes a venue's or buyer's sourcing needs into an RFQ and sources ingredients and goods through supplier bidding.
How do suppliers participate?
Suppliers can review an RFQ and submit price, lead-time, and quality terms to bid.
How is a supplier selected?
By comparing terms such as price, lead time, quality, and trade history.
Does it offer AI demand forecasting too?
Some features, including AI-assisted demand forecasting and order recommendations, are still at the planning stage — actual scope may vary as development progresses.

Try AutoStock now

Run procurement more efficiently with supplier-centric bidding.

Open AutoStock