Hard Work and the Reverse Auction Process, Saves a Local Hospital $51k On Scope Camera Instrument Repair

Wednesday, April 18, 2012

Hard Work and the Reverse Auction Process, Saves a Local Hospital $51k On Scope Camera Instrument Repair

This bid has been in the making for just under a year.  After many conference calls between eBridge and the Buyer, to get a complete understanding of and determine the best way to achieve what the Buyer was looking for, we finally reached the bid date 10 months after discussions began.  All of the hard work and attention to detail was the perfect set-up for a great bid!  7 of the 15 sourced suppliers participated in the 47 minute reverse auction, placing 145 bids with 18 first-place turnovers.  The spread between 1st and 2nd place was 0.14%.  The anticipated annual savings to the Hospital is $51,212 or 30%.