A private Indiana company employed eBridge’s reverse auction process to acquire 45 new Scienscope Cameras and Dell Monitors. There were 6 participating suppliers that placed: 138 bids, with 29 time extensions, and 30 first place turnovers. The competitive bidding ended with 1 penny separating the 1st and 2nd place suppliers. The Indiana company saved 22% off their budgeted value with their second bid with eBridge.
eBridge worked with the City of Elgin, IL, for the second year in a row, to obtain their supply of water treatment chemicals. There were 13 participating suppliers for the six chemicals with year-one pricing and three chemicals with year-two pricing. There were 291 bids placed, with 70 time extensions, and 70 first place turnovers. There was a true market value, with a spread between 1st and 2nd place of only 0.86%. The City of Elgin was pleased with their 2nd chemical bid ran through eBridge.
The City of Hollywood, FL wanted to contract security services through eBridge’s reverse auction process. The bid was extremely competitive with 23 approved suppliers. There were over 2,338 bids placed, with 177 time extensions, and 97 total first place turnovers. The lowest spread between 1st and 2nd place was a mere 0.07%, an amazing true market value. The City of Hollywood had a 36% savings on their budgeted value.
eBridge has been selected as the exclusive provider of reverse auction services by the North Carolina Hospital Association Strategic Partner Program. The NCHA sees eBridge as a great solution for member purchases that are not covered by their current Group Purchasing Organization. NCHA members needed a way to run bids on non-medical equipment like copiers, furniture, and generators and eBridge gives them a solution. Additionally, eBridge is great for capital improvement bids and local service contracts for the healthcare industry. eBridge was selected after NCHA representatives contacted ten references and presented the solution to their board.
eBridge teamed with a Georgia county to purchase copy paper. There were 12 highly competitive suppliers, with 28 first place turnovers. The 30 minute bid had an additional 39 time extensions, as the suppliers continued to lower their bids. The spread between 1st and 2nd place was 0.11%, showing an amazing true market value. The Georgia country had a savings of 6.67% on their budgeted value. They were pleased with their savings, as the fuel price increases this year has added cost to their paper deliveries.
A private California company recently ran a bid for their corrugated shipping containers. There were 5 suppliers, who placed a total of 76 bids. Market value was attained with a 1.06% difference between 1st and 2nd place, after 23 total first place turnovers. This new buyer is now so pleased, they are planning to run 2 additional auctions with eBridge.
In their first eAuction with eBridge, a California State University purchased restroom paper towels, toilet tissue, and dispensers. The 2 suppliers competing for the 2 year contract had given presentations to the university prior to the auction. There were a total of 17 bids, and 1st place had 2 turnovers.
eBridge recently helped the City of Louisville procure Knucklebooms, Trailers, and a Roll Off Truck in their 33rd event. There were 4 suppliers for the Knucklebooms and Trailers, and 5 suppliers for the Roll Off Truck. There were a total of 118 bids placed, and first place changing 28 times. After the constant movement ended, 1st and 2nd place were separated by only 0.14%, achieving true market value.
A California University needed 93 copiers, and wanted the option to lease or purchase. There were eight suppliers approved to participate in the bid, which lasted for an hour and 13 minutes. The bidding was competitive, with 199 total bids and 14 first place turnovers. The spread between 1st and 2nd place was a only 0.65%, demonstrating true market value. eBridge’s process helped the university save 33% versus their budget, on their first auction.
A private New Albany, IN company recently utilized the reverse auction process to acquire 177 workstations for assembly. Through eBridge’s assistance they were able to develop their specifications to better qualify their suppliers. Through this qualification process, 3 suppliers participated, placing 116 bids. The event lasted a little over an hour, with 1st place exchanging hands 17 times. The company is pleased with the results, and saved 10.43% on their budgeted price through their first auction with eBridge.