Webinar Recording - Demystifying Reverse Auctions

Overview

Real-time reverse auctions can be a significant source of savings — both time and money — for procurement teams. Though it’s long been recognized as a legitimate public tendering format, there remains a great deal of uncertainty and trepidation about implementing reverse auctions in public procurement strategy.  Join our live webinar on October 30th to dive into the why, when, and how of reverse auctions. Together, we will demystify the process and methodology of reverse auctions and answer your questions about this beneficial procurement technique. Whether you’re completely new to reverse auctions, or looking to expand your use into other categories, this is guaranteed to be an information-rich and dynamic session.  

What You'll Learn

1.  An overview of reverse auctions, benefits of using them, and global best practices.  
2.  Strategies for integrating reverse auctions in your procurement process, from commodity bids to more complex      RFPs.
3.  Addressing common misconceptions about reverse auctions: including dispelling fears of ‘cut-throat pricing’ or      eroded quality of goods and services.
4.  Tips for getting started with reverse auctions, including educating internal stakeholders and your vendor      community.  
5. Real-life examples of successful reverse auction projects.

Presented By:

Registration and payment must be received 24 hours prior to the course start date. After this time, registrations will be based on space availability.  A full refund, less a $75 administrative fee will be given for cancellations made in writing 31+ days prior to the seminar date by emailing RegistrationInfo@nigp.org. No refunds are given for cancellations received within 24 hours of the seminar start date. There are no refunds for no-shows. If the seminar is cancelled for any reason, NIGP's liability is limited to the registration fee only.  

Attendee substitutions within the same agency may be done at any time with email notification to NIGP. If attending via scholarship, please provide documentation verifying the scholarship issuer's name and contact information in lieu of payment information.