Many organisations could make substantial savings if they just ran formal procurement processes around their tendering and sourcing. It's a straightforward way to increase competition and optimise bidders’ pricing. 

The first step is running a sealed bid process. What many organisations don't realise is that adding a reverse auction stage can deliver even more significant efficiencies. And it can be easy to implement within a next-generation eProcurement solution.

Download this free guide now. It will help you:

  • understand what we mean by ‘sealed bidding’ and ‘reverse auctions
  • discover the synergy of combining the two
  • learn from case studies that demonstrate the benefits
  • put sealed bid and reverse auction into practice

What is Procurement Planning? When and why should you use it?

Download the free guide now