With an electronic auction the negotiation process is carried out via a business platform in the internet. Potential suppliers can provide their offers for the invited tenders within a defined period of time. The ranking of the tenders can be visible for all participants, the total results however only for the negotiator. Besides standard e-auctions other types are possible as well, such as sealed bid, dutch auctions or reverse auctions.
e-auctions are convenient for most material groups within General Expenses, production material and standard services. They are applicable within almost all branches and for procurement volumes starting with approx. 10 K€. Official contracting terms for award of service performance contracts (VOL) and German Construction Contract Procedures (VOB) are, however, not subject to e-auctions.
With easyRFX, not only e-auctions could be modeled, but also the full bandwidth of electronic bidding. Everything is possible starting with questionnaires (RFI), through requests for proposals (RFP), up to the different e-auctions.
Each auction is configurable down to the level of each single position and adjustable to your specific requirements.
In comparison to classical negotiations, an e-auction requires an adapted negotiation process with deeper and more careful preparations, however based on that it's significantly faster with very good results. e-auctions are part of an advanced supplier management process.
Usage and pricing are very flexible starting with one single event, event packages, and monthly fees or flat rates - entirely according to your demand. Of course, training of employees and suppliers are likewise part of the offer.
I'll be happy to advise and support you at the introduction of e-auctions as a modern instrument to realize sustainable procurement results.
Curious? Why not give me a call? +49 (0) 7144 / 8960 993
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Example: 22% price reduction for Industrial supplier parts...
100,000 individual parts were tendeed in the form of a reverse auction at easyRFX. In even less than one hour's time, the previous price was reduced by 22% and savings of several thousand Euro's have been achieved. Just one example of over 1,000 procurement processes successfully carried out with easyRFX.