Learn how Google achieved a 4% better rate reduction than traditional paper RFP’s by completing over 1,500 auctions and taking $8 billion dollars of spend through auctions. The use of e-Auctions is not going away anytime soon, but don’t be fooled. Using e-Auctions is not just about great software. It’s about ensuring management adopts first-rate tools and processes for holding auctions, while making certain procurement teams are bought into best practices to speed-up negotiations, and quickly establish the most accurate market pricing.
- How using e-Auctions can strengthen your supplier qualification process
- Why choosing the lowest bidder isn’t always your best bet
- What to watch out forWhy e-Auctions are here to last
Contributors: SynerTrade
Categories: 2018 Spring - Washington DC, Summit Presentations
SRC Type: Category Management, Evaluation and Selection, Sourcing, Sourcing Management, Strategy