The auction itself is a highly charged event – called a “Reverse or Dutch” auction because the price starts high and moves downward. Linked over the Internet, the suppliers don’t have to guess what their competitors are up to – they are able to see in real time exactly how much the opposition is bidding (not who the bidder is), – and how low they must go to win the order. The whole event is transparent, quickly concluded and delivers a complete audit trail within a secure and neutral environment. The emotion and negotiating hassle is taken out of the equation and invariably the price is the most competitive available.
Why not register now to take advantage of this significant opportunity…