eRA Pre-Auction Decision Analysis Tool 4.02



Publisher Description



Electronic Reverse Auctions (eRAs) can be an effective market making and price collection mechanism. Unfortunately, the more popular they become, the more frequent we hear the horror stories of auctions gone wrong. This is not because the tool is used too often, but rather because eRAs are being used at the wrong times, in the wrong ways, and sometimes for the wrong reasons.
The Electronic Reverse Auction Pre-Auction Decision Analysis Tool was developed to assist those less familiar with the technology to avoid the misapplication of it. This Tool is available to supply management professionals as a quick and easy method of determining which initiatives are best suited for an eRA, and which are not. It forces users to consider all the major pitfalls associated with a reverse auction by leading them through a series of questions.
The exercise culminates in a recommendation as to the applicability of an eRA to the particular sourcing initiative under consideration, and it offers personalized advice in response to user-provided data. This easy-to-use, intuitive, and reliable tool may help those struggling with the misapplication of reverse auctions to better understand the technology and easily identify the risks inherent in their project.
While created to accurately rate the applicability of an eRA to the widest number of spend categories, the Pre-Auction Decision Analysis Tool can be modified to precisely assess any commodity or service. This customization can even account for organization-specific objectives and policies. Contact me to learn more about customization.
This is a Microsoft Excelâ„¢-based aid. So yes, you'll need to have Excel installed on your computer to open the file and use the Tool. Excel is the spreadsheet application included in the MS Office suite of software. Microsoft has been generous enough to make a free trial version of their software available.


About eRA Pre-Auction Decision Analysis Tool

eRA Pre-Auction Decision Analysis Tool is a free software published in the Other list of programs, part of Business.

This program is available in English. It was last updated on 19 March, 2024. eRA Pre-Auction Decision Analysis Tool is compatible with the following operating systems: N/A.

The company that develops eRA Pre-Auction Decision Analysis Tool is Lee S. Crane. The latest version released by its developer is 4.02. This version was rated by 2 users of our site and has an average rating of 5.0.

The download we have available for eRA Pre-Auction Decision Analysis Tool has a file size of 306.69 KB. Just click the green Download button above to start the downloading process. The program is listed on our website since 2006-09-01 and was downloaded 137 times. We have already checked if the download link is safe, however for your own protection we recommend that you scan the downloaded software with your antivirus. Your antivirus may detect the eRA Pre-Auction Decision Analysis Tool as malware if the download link is broken.

How to install eRA Pre-Auction Decision Analysis Tool on your Windows device:

  • Click on the Download button on our website. This will start the download from the website of the developer.
  • Once the eRA Pre-Auction Decision Analysis Tool is downloaded click on it to start the setup process (assuming you are on a desktop computer).
  • When the installation is finished you should be able to see and run the program.



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Users Rating:  
  5.0/5     2
Downloads: 137
Updated At: 2024-03-19
Publisher: Lee S. Crane
Operating System: N/A
License Type: Free