e-Auctions

Passwall Solutions partners with Operations Leaders to clarify supply chains. Experienced and focused on the best supply chain solutions for you. Looking to reduce costs, enhance transparency, and decrease time to bid?

Bringing negotiation back into procurement.

e-Auctions keep the process moving

Introduction to e-Auctions

What are E-Auctions?

  • Electronic best-and-final-offer process
  • Suppliers compete amongst themselves for business
  • Reverse auction - suppliers reduce their bids over time
  • English or Dynamic most common
e-Auctions - Graph showing two supplies

e-Auctions

From concept to design to implentation and review. This pratical supply chain solution puts you in control.

What to Expect with your e-Auction Program

  • Introduction to the features and benefits of your e-Auctions program
  • Design, implementation and documentation of your e-Auctions processes
  • e-Auction build and inhouse staff and client training
  • Ongoing consulting for maximum long-term benefit

What's Included?

RESEARCH: Key team member interviews creates a complete e-Auction process
ANALYSIS: Deep dive to understand annual spend and uncover savings potential
SUPPORT: Full support including contacting suppliers, troubleshooting, coordinating with the Synertrade team
CLARITY: Full report with presentation to stakeholders

HIGH ROI OPPORTUNITY

Reasonable expense with high ROI per auction. Pilot program opportunities.

As a supplier, e-auctions can definitely be scary and have a poor reputation. But they’re a great tool when used well, with benefits for both supplier and buyer. 

e-Auction Math blue graph

Introduction to e-Auctions

E-Auction Math

Uncover the savings with e-Auctions, as suppliers compete amongst themselves. Save time and money.

 

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