DALLAS, Jan. 26 /PRNewswire/ -- "No matter who you are, your organization can find money the same way we did." That is exactly what one CFO of a leading corporation said at a recent CFO conference. Almost everything you buy can be bought for less when you let suppliers provide you more bids.
We are not talking about negotiations, which are limited by time, subjectivity, relationships and perks. We are talking about allowing suppliers to see when they are outbid and letting them bid lower and lower, in an open Internet forum, so the price drops lower than your negotiated price.
"We have been using the ebid (reverse auction) bid method for the last few years and typically save more money in less time. It is such a simple concept that any organization can retain more earnings using it."
Sorcity.com is the longest standing ebid provider who has been helping organizations for over ten years on most goods and services. "It is much faster than building up your sales force, much easier than expense cutting, and less destructive than layoffs," said Wes Guillemaud, CEO of Sorcity.com.
"We feel so confident that you can save more money that we guarantee it. If no savings are gained on a purchase then Sorcity does not get paid for running that ebid, because Buyers have no obligation to award unless they save and only the awarded supplier pays our fee. The Buyer doesn't pay our fee even though they save millions of dollars more."
These organizations saved an additional 12-24% on average; across Direct Materials, Indirect Materials, Services and Capital Equipment. Why compromise your operations with expense cutting when you can retain earnings in a much easier manner? With no implementation cost, or time, it is a no-brainer.
For a city the size of Dallas, or states such as California, this equals $50-$100 million in savings. You can ebid immediately since Sorcity.com runs them for you, adding transparency and removing special deals in the bid process.
AAFES, the U.S. Air Force, and many other public and private sector organizations utilize Sorcity.com to gain big price reductions on many goods and services, while maintaining quality and service-levels, as noted by CAPS Research, ISM and NIGP in case studies presented. It is too easy not to try.