Purchase review
See how you really bought
Your last twelve months, purchase by purchase, against what the rest of the market paid for the same lots that day: where you paid above the day's market, and which good lots went past you.
For professional auction buyers
Marwin prices every lot before the sale and reviews every purchase after it. Your company stops paying above the day's market when it doesn't need to, and spots the good lots it would otherwise miss.
Your buyers decide. Marwin never bids.
Purchase review
The problem
Fish, flowers and fresh produce sell lot by lot, under a falling clock or a single sealed bid. Raw material is most of a buyer's cost, yet each price is decided in seconds, from memory and feel. Afterwards no one, not even the buyer, can say whether the day was bought well.
Purchase review
Your last twelve months, purchase by purchase, against what the rest of the market paid for the same lots that day: where you paid above the day's market, and which good lots went past you.
LotPilot
Each morning, an expected price for every lot that matches your needs and a suggested limit for your buyer. Your buyer adjusts and approves; nothing is bid without them.
Weekly results
What you planned, what you bought and what you missed, set against the market, every week.
How it works
Marwin learns what each kind of lot sells for from past auction results, and prices the next sale using only what was known before it. Every figure traces back to the sales it came from.
Built on Iceland's daily fish auctions. Made for any auction where professionals buy perishable goods lot by lot.
Marwin suggests. Your buyer approves every limit and places every bid.
Your purchases are never shared with other buyers or combined with their data.
If you already buy at the market, the review says so. That is worth knowing too.
Get started
We are working with a small number of founding partners. Write to us and we will show you what a year of your buying looks like against the market.