CASE STUDY VIII:
Comprehensive supplier sourcing, supplier technical training, execution
of hosted, real-time reverse auction, generation of extensive post-auction
International Government Entity
Internet Access to view the event and access the post auction reports.
The client, approved to design and develop a gas pipeline network, initiated
a request for Orbis Online to conduct a real-time reverse auction for
network pipe and pipe fittings.
Upon submission of a Request for Quote, the Orbis Online operations
staff posted the RFQ, conducted comprehensive research to identify multiple
domestic and international suppliers and submitted the supplier technical
solutions to the client for approval.
Following approval, these suppliers were then contacted and trained
as to the features and functionality of the real-time reverse auction
platform. The one hour and sixty minute event ensured an 18 percent
savings versus the current supplier cost for the client. After the close
of the auction, comprehensive post auction reports were made available
to the client, detailing supplier participation, bid information and
other pertinent information. The client carefully reviewed the participants
bids and formal notification was made to the winning supplier.
A highly effective, hosted real-time auction package consisting of sourcing,
state-of-the-art auction technology and in-depth reports detailing every
action taken during the event.
Client discovered the ease and effectiveness with which these auctions
are run. Provided a stepping-stone for other project specific purchases.
- 18 percent savings versus current supplier cost.
- Client confidence with respect to this business model for obtaining
- Client willingness to hold more real-time auction events for various
purchases specific to this project and others.
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