The Power of eAuctions

eAuctions? What is the Value

Electronic Auctions are an effective tool for delivering savings and dynamically negotiating best value for money from your suppliers.

Conducting strategic, web-based negotiations via an eAuction enables buyers to capture multiple revised offers for their business, with real-time bid feedback to suppliers that promotes competitive behavior and speeds up the negotiation process. Managed well, an eAuction can lead to significant savings, improvements in the supply base and better value purchases.

In this webinar you’ll learn:

• What factors to consider when introducing eAuctions into your procurement strategy
• The different auction formats to support your different bidding strategies
• Deep dive demo – Best practices to running a successful eAuction

Meet your Speaker