REVERSE AUCTIONS
Bigger bottom-line impact with easy reverse auctions
Shorten negotiations with transparent bidding, advance supplier relationships, and maximize savings with Scout’s end-to-end management of reverse auctions.
See how reverse auctions work in Scout
Provide a transparent platform where everyone wins
Enable suppliers to bring creative solutions to the table
Communicate priorities, constraints, process and award criteria clearly
Decide what suppliers can view, including auction rank
Control the strategy and prevent unfair last-minute bids
Shorten negotiation cycle time with transparent bidding
Uncover the prices that matter with everyone on the same platform
Create a reverse auction with ease. See howStrengthen supplier relationships via collaboration
Select suppliers dynamically, in real-time and in one place
Invite new and active suppliers to participate, without using a separate system
Provide a fair and productive environment for suppliers
Communicate clear, helpful information to suppliers with a realistic scope of pricing requirements
Evaluate the subtleties and risks with each supplier, category, and event
Undertake due diligence by digging into time-based trends for every supplier
Explore the power of reverse auctions. Learn how Adobe does it
Run reverse auctions and increase return-on-effort
Drive bottom-line impact with additional cost-saving opportunities
Realize substantial savings on commodities and services with low substitution cost
Integrate reverse auctions into the overall sourcing process
Move seamlessly from a sourcing event to a reverse auction
Scale auctions with Scout’s easy-to-use platform, with no special training
Schedule your auctions in advance and let the platform do the work for you
Double your ROI with Scout reverse auctions. Learn howLEADING BRANDS TRUST SCOUT
ACCELERATE RETURN-ON-EFFORT WITH REVERSE AUCTIONS
