Online Reverse Auctions (sometimes known as e-Auctions or Buyer Auctions) are an effective and efficient tool for promoting competition and transparency in your tender activities and realising the market price for goods and services.

Achilles has conducted several hundred Auctions for large buying organisations within many sectors including; Manufacturing, Services, Utilities, Transport and Public Sector.

Auctions can be used across the spectrum of simple goods and complex services and, where used appropriately, have realised significant savings over historic costs or effective benchmarked costs. 

Procurement professionals can use this tangible and measurable benefit to demonstrate value for their internal clients while tightening the procurement process and inter-departmental working relationships.

Achilles Online Auctions offers your suppliers increased transparency and reduced sales cycle time by clarifying requirements earlier in the tendering process and condensing the negotiation phase. Achilles provides Auction Services ranging from 'Fully Managed' to 'Self Service' solutions managed from the dedicated Auction Event Centre. For further details please navigate to "How it works"

White Paper: Electronic Reverse Auctions under the EU Procurement Directives (June 2002)

Achilles commissioned professor Sue Arrowsmith from Nottingham University to write a paper explaining how European Union (EU) law governing the procurement of public bodies and utilities applies to the conduct of electronic reverse auctions.

To request a copy of the Auctions White Paper, please send an email to auctions@achilles.com 

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