CarbonNavigator

Emission figures and cost forecasts, linked to a bidding platform vendor

CarbonNavigator is a calculation tool for carbon: it estimates emission levels, attaches a cost to them, projects future cost and looks for savings through less waste. It is offered alongside the work of Tradeslot, a supplier of multi-round bidding platforms for corporate and government buyers and sellers.

Why multi-round bidding

Tradeslot argues that a traditional sealed bid process, such as an RFP or RFQ, gives poor outcomes when many different items are bought or sold together. It cites an Aberdeen figure putting the gap between sealed bids and multi-round bidding at 12 per cent or more, which it says is millions of dollars on large business and government tenders. In multi-round bidding, participants see live market feedback and can change their strategy from one round to the next. The company says this lets bidders respond when a lot stops being attractive (substitutes), build packages of items that are worth more together than apart (complements), and bid on combinations that the buyer or seller has set up to increase competition.

Delivery and track record

The platform is offered as software as a service, entirely web based and cloud hosted, which Tradeslot says makes it quick to put in place, scalable and reliable so customers can concentrate on commercial outcomes. It reports implementing platforms for a range of industries and commodities in Australia, New Zealand, the UK and Europe, and says it was selected to run the multi-billion dollar multi-round bidding platform for the Australian carbon trading exchange.

Sales and procurement uses

The site separates two audiences. On the sales side it points to organisations that sell high-value commodities and want to move beyond sealed bids, including government agencies. On the procurement side it describes buyers sourcing direct or raw materials, packaging, and indirect goods and services. Tradeslot's platforms are used for high-value, multi-item deals, which is also the setting where emission costs and savings carry the most weight.

CarbonNavigator is described as a way to work out carbon emission levels, find the cost attached to them and forecast future costs. It also aims to help organisations cut waste and so save money. The stored text on this listing mostly covers its linked site.

Main features

• Emission measurement: works out carbon emission levels.
• Cost finding: attaches a cost to those emissions.
• Forecasting: projects future costs.
• Waste reduction: suggests routes to reduce waste.

Who it serves

The linked site belongs to Tradeslot, which supplies multi-round bidding platforms to corporate and government customers.

Key facts

• Linked site: Tradeslot, a provider of multi-round bidding platforms
• Tradeslot markets: Australia, New Zealand, the UK and Europe
• Delivery: web-based and cloud hosted