SAIKAT BARMAN

Presents

AUCTION AS A The evolution of Auction Service,

SERVICE since 2006.

There are more than 18+ auctioneers who provide similar
services, but with a difference of flavour. MSTC and
mjunction being the oldest takes the advantage of first
movers. The process and the procedures remains the same,
just the implementation changes. The more optimized
services, the better the performance.

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THE BASICS
Use Cases of implementing an Auction System

BUY SELL

• Market is driven by Buyer where any
negotiation drives the price towards it’s
minimum value
• Mostly Reverse Auction
• Driven By Price
• Market is driven by Seller where any
negotiation drives the price towards it’s
maximum value
• Mostly Forward Auction
• Driven By Quality

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TYPE OF AUCTIONS – (BUY AND SELL)
 English No Ties or Vanilla RA/ FA
 Dynamic Bidding or Rank Bidding
 Progressive Dynamic Bidding
 Single Bid Sealed Bid
 Price Match
 Multi Bid Sealed Bid
 Multi Stage Dynamic Auction
 Simultaneous Ascending Auction
 Synchronous Auction
 Template Based Auctions
 Clustered Auction
 Japanese Auction – Progressive PM
 Yankee Auction
 Dutch Auction
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TIME CHART
List of Auction Rules implemented in mjunction Services Ltd.
Vanilla RA Dynamic RA Sealed Bid Price Matching Yankee

2007 Proxy Bidding Rank Bidding Multi Bid Single Bid Qty Booking
2008 Proxy Bidding Dynamic Qty
2009 Template Template Template
2010 Progressive RA Progressive RA
2011 Multi Stage
2012 Qty Booking
2013 Japanese Rule
2014 Progressive
2015 Clustered Rule Clustered Rule
2016

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COMPETITIVE Comparatives and

ADVANTAGE Edge over Competition

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 COMPETITION

Negotiation Platforms are hosted by multiple companies

• Moglix
• Trade India
• India Mart
• Tiger Procure
• Ariba
• Xiva
• C1 India
• Coal Shastra
• OfBusiness

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COMPARISON
The technology differentiator
Mjunction Services Ltd.
• Mjunction Auctions are complex with
multiple variables and multiple check points
• User Experience is lacking
• Two Dimensional Auctions
• Not Scalable
• Service Oriented Approach
• May remain inconclusive
KATM Technologies
• Auction Logics were sorted and simple in
nature
• User Experience is taken care of
• Multi Dimensional Auction
• Scalable due to SOA and microservices
• Product Oriented Approach
• Mostly Conclusive subjected to proper use of
“Value in Use” Algorithm
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 SOLUTION SaaS based Model with

ARCHITECTURE SOA Architecture

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 TECHNOLOGY

Following are the technology expectations

• Java /J2EE
• Spring 5 + Spring Security
• Hibernate as ORM
• NoSQL DBs for Reporting/ Invoicing (OLAP)
• MySQL DB for OLTP Transactions
• DevOps Suit
• AWS Stack
• Angular JS/ React JS
• Redis Cache

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 PREFERRED ARCHITECTURE

• Service Oriented Architecture with Microservices using

Spring Boot
• N-Tier Architecture with HADR
• Active-Passive DBs
• Spring Services
• AWS Stack

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 APPLICATION Service Oriented
Architecture with

ARCHITECTURE Microservices

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 APPLICATION
ARCHITECTURE

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COMPONENTS
• View Layer
Angular JS/ React/ JQuery/ JSP/ HTML5 + CSS3
• Application Architecture
Spring MVC + SOA with Spring Boot
• DAO/ Business Layer
Hibernate/ JPA
• Database
RDBMS (MySQL) + NoSQL (MongoDB/ Cassandra)
• App Server
Tomcat/ Nginx for Web Layer

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 DATABASE A mix of OLTP and

ARCHITECTURE OLAP architecture

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 DB
ARCHITECTURE

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 SERVER AWS With Elastic Block

ARCHITECTURE Storage

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 AWS
ARCHITECTURE

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QUALITY AND Audit and Security

COMPLIANCE Protocols

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 COMPLIANCE

• ISMS Compliance
• Compliance to STQC and CVC Guidelines
• Compliance to OWASP Guidelines
• Compliance to General Procurement Guidelines 2.0
• Compliance to Competition Commission of India

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PROJECT SPRINT Agile Kanban for MVP

AND QA
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 PROJECT MANAGEMENT PLAN
LIFECYCLE:
• Agile Kanban
• 14 day Sprints
• Retrospection

RISK
• Unknown

Quality Assurance
• Manual Testing
• User Story Based Testing Cycles

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 PROJECT 4 months for MVP from

TIME LINES scratch, including QA

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 MVP COMPETITION ADVANTAGE
Auction Rules:
# Vanilla RA
Templatised Auction
# Dynamic
# Weighted Mean Predictable
# Yankee
# Sealed Bid # Value In use # Near Zero Bug
# Price Breakup

Security: Goal:
Goal: Goal:
# User Account # Enhance Capability
# Working # Competitive
# Login # Predictable Outcome
Auction Engine
# Transaction Data Advantage over Automation
existing SW # User Driven Reports
# Process Automation

TODA
GOAL
Y

Data Analytics:
# Informative
Bid Process
Bid Page
User Interactions Open Tender
Reports # Creation
# Management
# Security
Automation
Auction Creation: # Auction Process Response Time:
# Creation # Reporting Process # Better and Faster
# Modification # Information Flow
# Manage Information

PRODUCT ROADMAP SAIKAT BARMAN 24

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PROJECT CAPEX and OPEX

COST
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COST HEADS

CAPEX OPEX

• Establishment Cost • Server Cost – (in case IaaS Mode)

• Server Cost – (in case own DC is used) • Resource Cost
• HR
• Assets
• Audits and Compliances
• Any Licensing Cost, if required

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 TEAM COMPOSITION

Dedicated team for development of the product

• 01 x Project Manager
• 01 x Project Lead/ BA/ Scrum Master
• 01 x Front End
• 01 x UX designer [Optional]
• 02 x Lead Developer/ Sr Developer
• 02 x Jr. Developer
• 01 x Tester/ QA
• 01 x Server Admin/ Dev Ops Engineer

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BLOCK CHAIN The Buzz Word

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 WHAT IS IT !!

A hyped Encryption Algo

• Preferably the best encryption algo and a potential replacement to Digital Signature Certificates.
• Multi Layer Encryption
• Feasible implementation – Centralized Block Chain

Use Cases
• EMD Management
• Tendering Process
• Information Security
• Document Management

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ABOUT ME
Innovative, result-oriented Project Manager with a successful track record in increasing revenues,
achieving cost reductions and improving client satisfaction in customer facing roles.

Key Skills • Process Automation

• Service Delivery
• Project Management
• IT Operations
• Solution Architecture
• Block Chain – Novice
• E-Commerce (B2B & B2C)
• SEO and Digital Mktg.
• Auction and Tendering

Certifications
• Start-up India and Invest India Certification from Govt. of India.
• Project Management Professional Training Program
• Silver Medallist in TATA Business Excellence Leadership Program
• Multiple technical certifications (https://www.linkedin.com/in/saikatbarman/)
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 CAREER STINT
Zappfresh
• Technical Manager – IT
• Defined the Software Roadmap for Zappfresh, a B2C e-Commerce Product benchmarking with CMMI ML-
III (Defined)

KATM Technologies Pvt. Ltd

• Technical Manager – IT
• Defined the Software Roadmap for Zappfresh, a B2C e-Commerce Product benchmarking with CMMI ML-
III (Defined)

Mjunction Services Pvt. Ltd.

• Group Manager – (Auction Portals and Services);
• Involved in spearheading product and service delivery for Business and Auction Engine Platforms.
• Handled Buyjunction and Coaljunction (Business Horizon I and II) Projects

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 CAREER SYNOPSIS
• Set Process Standards for a Start-up in B2C segment– Zappfresh, benchmarking with SEI
CMM Standards (ML-III).
• Built an operational IT Enabled Start-up Venture, for Commodity Trade from scratch within
3 months.
• Defined the Product Roadmap for i-Trade and i-Auction, a unique B2B trading platform
with online negotiation features, based upon Value in Use Algorithm
• Architect of complete business plan to build road map for sustainability and growth,
responsible for CAPEX and OPEX planning and execution
• Energetic and detail-oriented business solutions provider with strong focus in product/
project management activities including scoping, estimation, planning, risk management
and resource and quality management
• Successfully worked for both managerial and architectural aspects, with proficiency in
business solution, product design, architecture, designing business rules, managing team
and assuring implementation
• Strong Analytical and problem-solving skills, effective leader with excellent motivational
skills to sustain growth momentum while motivating individual employee performances in
the organization
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 As a SW Developer - Trainee.
2008 Assigned to Buyjunction
2007 Exceeded Expectation and Projects. Learning Phase.
awarded Best Performer for Assigned as Dy. Project
the year. 2010 Manager, Buyjunction
Projects

2007

2016 Left mjunction for the zeal of

2012 Startups

Project Manager for all the

projects under Horizon 1
and Horizon 2 Business

THE AUCTION JOURNEY @ MJUNCTION SAIKAT BARMAN

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 WOODGROVE
BANK

THANK YOU
Saikat Barman +91 98300 21849

saikatbarman@outlook.com

https://www.linkedin.com/in/saikatbarman/