eRA Pre-Auction Decision Analysis Tool

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Version : 4.02 Minor Update  
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eRA Pre-Auction Decision Analysis Tool

Excel-Based Pre-Auction eRA Analysis Tool

Electric Reverse Auctions (eRAs) is usually an effective market making in addition to price collection mechanism. Sadly, the more popular they will become, the more repeated we hear the apprehension stories of auctions long gone wrong. This is not necessarily because the tool is usually used too often, nevertheless rather because eRAs will be being used at typically the wrong times, in typically the wrong ways, and often for the wrong causes.

The Electronic Reverse Public auction Pre-Auction Decision Analysis Application was developed to help those less familiar together with the technology in order to avoid typically the misapplication of it. It is available to supply supervision professionals as a speedy and easy method regarding determining which initiatives will be best fitted to an time, and which are not necessarily. It forces users to take into consideration all the major issues of a reverse auction by simply leading them through a new series of questions.

Typically the exercise culminates within a suggestion as to the use of your eRA to typically the particular sourcing initiative beneath consideration, and it gives personalized advice in reply to user-provided data. This specific easy-to-use, intuitive, and trustworthy tool can help those battling with the misapplication regarding reverse auctions to raised know the technology and quickly identify the risks built in in their project.

Although created to accurately level the applicability of a great eRA to the greatest number of spend classes, the Pre-Auction Decision Research Tool can be revised to precisely assess virtually any commodity or service. This specific customization can even bank account for organization-specific objectives in addition to policies. Get in touch to find out more about customization.

This specific is a Microsoft Excel™-based aid. So yes, likely to need to have Exceed attached to your computer to be able to open the file in addition to use the Tool. Exceed is the spreadsheet program within the MS Office package society. Microsoft has recently been generous enough to help to make a free trial variation of these software available.

You can find some alternatives for eRA Pre-Auction Decision Analysis Tool here .


eRA Pre-Auction Decision Analysis Tool

Requirements :

Microsoft Excel Installed

 


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