Reverse Auctions
Streamline the bidding process: Enhanced efficiency, transparency, and cost savings by encouraging supplier competition.
A reverse auction (also known as buyer-determined auction or procurement auction) is a type of auction in which the traditional roles of buyer and seller are reversed. Thus, there is one buyer and many potential sellers. In an ordinary auction also known as a forward auction, buyers compete to obtain goods or services by offering increasingly higher prices.
- Save time in collecting bids from suppliers
- Increased transparency in the bidding process; improving supplier relationships
- Increased Cost Savings, Efficiency, transparency, Supplier competition
Services
Drive efficiency, transparency, and strategic insights to optimize your procurement and supply chain processes.
Category Management
Strategically organize categories to optimize costs, suppliers, and resources, ensuring the best performance for your business.
Competitive Bidding througt Reverse Auctions
Implement reverse auctions to enhance efficiency and secure the best bids from multiple suppliers.
Traditional RFQs/RFPs
Create traditional requests for quotations (RFQs) and proposals (RFPs) to ensure precise supplier selection.
Spend Analytics
Analyze spending patterns to identify cost-saving opportunities and improve financial management.
Cost Struture / Should cost modeling
Model the cost structure to assess fair pricing and improve supplier negotiations.
Reporting - Visual Management
Generate visual reports that simplify the analysis and understanding of key data for decision-making.
Contact
We’re here to help. Get in touch with us, and together we’ll find the perfect solution for your project
Location:
Gomez Morin
Cd. Juarez, Chihuahua
Email:
info@stratc.com
Call:
+52 656 6078278