Use Electronic Reverse Auctions to Promote “Green” Business Processes

October 14, 2009 · Posted in Marketing, Sales & Business Development · Comments Off 

Think Green [DSC01370]
Creative Commons License photo credit: Melissa Goldstein

Most public and private entities today are trying to promote “Green” processes as a way of doing business to help the environment or are touting their “green” attitudes to improve their corporate image. Common examples may include using recycled copier paper, buying items with a minimum percentage of post-consumer waste, and encouraging recycle programs for their own waste. While all those methods are valid, implementation can be very costly and may prevent the programs from being successful and widely accepted. What some “Green” coordinators do not realize is that utilizing and implementing technology solutions that eliminate waste can be just as good or better.

The common misconception is that technology equals huge dollar expenditures and long implementation schedules that may cost more than they are worth. This may be true in some cases, but not for electronic reverse auctions. Public and private entities can save thousands of dollars and trees every year by posting their bids online in either a reverse auction format or electronic RFQ, The specifications and terms and conditions documents can be uploaded to a website so they do not have to be printed out every time a request for them is made. The vendors can then respond to these bids by uploading their responses or placing bids during the live reverse auction. Read more

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