An Arizona University partnered with eBridge, on their 2nd event, for the purchase of 91 Panasonic Projectors. The purchase price included a 4-year factory authorized warranty. Of the 8 participating suppliers, one was not approved through their corporate office to participate in a reverse auction. eBridge offered the option to enter their “one-and-done” bid, which is similar to the traditional paper process of submitting one bid. The supplier did not miss the opportunity to gain the Universities business and participated by entering their final bid. During the 53 minute competitive event, 106 bids were placed with 24 first place turnovers and a spread of 0.13% between 1st and 2nd place, showing true market value.
Archive for the ‘Technology’ Category
A Southern Indiana Company partnered with eBridge for the 3rd time, to procure their Flat IDC Wire Cables. There were 3 participating suppliers in this event, which lasted for 28 minutes. Forty-two bids were placed, with a spread of 7.53% between 1st and 2nd place. The Southern Indiana Company saved 15.6% on their budgeted value, and was pleased with the process.
A private Indiana company employed eBridge’s reverse auction process to acquire 45 new Scienscope Cameras and Dell Monitors. There were 6 participating suppliers that placed: 138 bids, with 29 time extensions, and 30 first place turnovers. The competitive bidding ended with 1 penny separating the 1st and 2nd place suppliers. The Indiana company saved 22% off their budgeted value with their second bid with eBridge.