ERA Pre-Auction Decision Analysis Tool v.4.02

This free, easy-to-use tool helps buyers avoid the misapplication of electronic reverse auctions. By leading the user through a series of questions, the excel-based, pre-auction analysis tool offers customized guidance on your sourcing initiative. Electronic Reverse Auctions (eRAs) can be an effective market making and price collection mechanism. Unfortunately, the more popular they become, the more frequent we hear the horror stories of auctions gone wrong. This is not because the tool is used too often, but rather because eRAs are being used at the wrong times, in the wrong ways, and sometimes for the wrong reasons.

This free, easy-to-use tool helps buyers avoid ...