Reverse Auction Technology

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A Complete Sourcing Solution

eSchoolMall combines the strength of its on-line bidding solutions with internet-based reverse auction technology to provide customers with valuable strategic sourcing and execution. First, eSchoolMall facilitates the gathering of constituent sourcing requirements through easyBid, which is then passed to our reverse auction engine. Based on constituent requirements, a reverse auction competitive bidding opportunity is facilitated by commodity experts, providing bid preparation and online bid management leading to contract award.

Customer Features

A complete sourcing solution for high dollar value items and strategic capital equipment is achieved through the combination of easyBid with reverse auction technology. Accurate requirements are gathered from within your organization, allowing you to bid consolidated requirements. Sourcing experts bring together sellers with your buying organization in a facilitated, online reverse auction event, leading to substantial dollar savings from quality vendors.

Customer Benefits

• Commodity management and constituent requirements gathering
• Competitive bidding opportunity management
• Skilled commodity expertise
• Catalog presentation and contract execution
• Spend reporting and vendor management identifies further competitive bidding opportunities
• Backed by eSchoolMall's Professional Services organization