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Supply Chain Management

Auction Management

Management of 1,300 e-auctions, identifying almost double-digit savings opportunities

Objective:
Help companies create a controlled market pricing mechanism for products and services which can benefit from a competitive bidding environment.

Service Offering:

1. Help select products to be included in each auction event.
2. Develop qualified participants and invite them to participate.
3. Define auction rules and ensure participants are informed.
4. Set opening bid prices for each item included in each auction event.
5. Manage the actual auction event and identify the winning bidder.
6. Help customer turn winning bid into a live agreement.

For more information, contact us at integrated@ferguson.com.