Trade Interchange Reverse Auctions and eRFX Home Reverse Auctions Phone +61 (0)2 8002 1341

Reverse Auctions

For Procurement Professionals

Stylised reverse auction chart

Trade Interchange is a specialist provider of reverse auction services to procurement professionals.

We offer a practical, fully guided approach and provide the systems and experience needed for safe and successful reverse auction based negotiations.

With no IT requirements and our fixed fee service, Trade Interchange offers an easy and low risk way to prove the value of reverse auctions for your organisation.

Our website is an educational resource designed to give a practical understanding of reverse auctions through research and examples. So, fill your boots and, if you like what you see, why not give us a call?

Negotiating price using e-procurement and on-line reverse auctions

14% Average

Over the past 7 years, Trade Interchange has managed more than 1,000 reverse auctions across many industries. The average savings achieved across those 1,000 reverse auctions is 14% better than buyers pre-auction expectations. This includes situations where reverse auctions are used to minimise price increases. Individual auctions often save more than 20%  and have  ranged to over 50% in some cases.