2. Product Suitability for Reverse Auctions Increasing Cost £ Increasing Risk Low High High Tactical Profit Tactical Acquisition Strategic Critical Strategic Opportunity
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4. Benefits of using Purchasing Auctions Account managers who have successfully used the site have said: “ We were very impressed with the auction site. It is one of the best we have used. Easy to use, clear information and quick” Karen Hardy, Polestar “ I found the Purchasing Auctions tool extremely easy to use and appreciated the guidance offered. We will definitely be using this valuable service again, especially as we saved 33% on our spend at our first auction! It is great to find a medium created by purchasers for purchasers. Thank you Purchasing Auctions!” Pauline Sumner, Peel Ports Saves Money Widely accessible and easy to use Increased transparency & honesty Increases small business utilization Saves time in negotiation Improves awareness of opportunities Gives purchasers more control at contract renewal Improves competitive process
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6. The Auction & Procurement Lifecycle Only a small part of the cycle, but done properly realises significant savings with very little hassle!
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13. Thank You! To view an auction please go to: www.purchasingauctions.co.uk/screencasts / For further information or to discuss different options for your auction please call the team on 0845 603 8161