Digital Auction Marketplace
Facilitate purchasing of unclaimed port merchandise through an online auctioning platform. The Digital Auction Marketplace helps streamline the auction process by reducing operational costs of warehousing and potential wastage of lost and found merchandise.
Project Owner
General Authority of CustomsImpacted Stakeholders
Key Benefits
Reduced Operating Costs
With a wider audience reach, ports can benefit from accelerated unclaimed items disposal, minimizing associated warehousing costs.
User Journey
1
Container ship arrives at the port with inbound cargo
2
3
4
5
Potential Service Features
- •Live Bids
- •Electronic Payments
- •Social Media Integration for Marketing and Communication
- •Membership Subscription
Implementation Analysis
Implementation Timeline
ShortMediumHigh
Regulatory Conduciveness
FavorableChallengedComplex
Technology Commercial Viability
Currently ViableViable in Short TermViable in Long Term
Investment Requirements
LowMediumHigh
Key Implementation Considerations
1
Policies for port unclaimed merchandise
2
Criteria and procedures for enrollment eligibility
3
Goods insurance coverage and liability
Conceptual Diagram
Relevant Tech Solutions
