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| | TenderSystem is an Internet based procurement system to source, award and manage the total procurement process. This tried and tested technology leverages the age-old principle of supply and demand, through reverse auction, ensuring that products are purchased at the best possible price, at a lower administration and management cost, than any other method. In a reverse auction a buyer issues a request for quotations (RFQ) to purchase a particular item. Multiple suppliers quote the price at which they are willing to supply the requested item or service. The transaction is awarded to the supplier that provided the lowest price. The advantage of reverse auctions compared to a normal catalogue based systems is that supply and demand is leveraged as all suppliers are requested to tender, multitude of items can be sourced and suppliers do not have to keep updating catalogue prices. A catalogue is however generated dynamically (valid items) when quotes are submitted or items uploaded and can be automatically included in tenders for as long as they remain valid. TenderSystem is released under a dual license, namely TenderSystem Public License (TPL) for TenderSystem OS and a commercial license for TenderSystem PRO that includes additional modules and system support.
Version: 0.8 Beta
Platform(s): Linux, Windows, Unix, Mac
Price: Free (Open source)
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| | We Sell For You, an on-line auction service, does the work and you make the money! Check out our website for our commission rates and our current items for sale on Ebay. See something you like? Bid on and win our Ebay auction, you have the choice of picking your item(s) up at our Cincinnati, Ohio location on Harrison Avenue or having them shipped! Check us out! We usually have a great selection of vintage comics, pin up items, vintage toys and much more.
(Added: Mon May 15 2006 Hits: 13 Rating: (0.00 out of 10) Votes: 0) Rate It
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