Electronic Reverse Auction
- sachinkumar swain
- Nov 29, 2017
- 1 min read
E-procurement (electronic procurement, sometimes also known as supplier exchange) is the business-to-business or business-to-consumer or business-to-government purchase and sale of supplies, work, and services through the Internet as well as other information and networking systems, such as electronic data interchange and enterprise resource planing. eQuiera helps its users to cut across this barrier by offering its Electronic Reverse Auction service to make industrial procurement in real timewith lesser resources and no extra setup either manual or technical. We work with you as your outside procurement team who guides you and takes your advice when it comes to making an equipment online eprocuremen.
WHY IT WORKS FOR YOU
1.It Lowers your ordering cost
2.It increases your buying power
3.It reduces your order processing time
4.It helps you to benefit from price elasticity.
5.It helps you to assess all suppliers equally
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