Feel the Power of WWRE WorldSOURCE

Common misperceptions about online auctions:

Auctions are just about price
No. Price is only one factor that can be included, along with quality, terms, service, etc

Auctions are complicated
No. WWRE Sourcing Advisors can build a simple, easy-to-execute and effective program

Auctions are sometimes done unethically
No. Through the WWRE, participants adhere to a strict Code of Conduct while running auctions

We understand the demands of your trading partners:

Pressure to reduce costs

• From retail customers
• From competitors

Consolidation among customers

• Fewer customers with more buying clout

Adoption of online auctions

• Increasing retailer adoption of e-auctions as a standard business process
• Most suppliers have participated in auctions

How WWRE WorldSOURCE can benefit you today:

• Reduce costs in your own supply chain
• Find new sources for goods and services
• Accelerate your existing buying processes
• Easy and inexpensive to get started
• Proven strategy and methodology for quick start of eSourcing and on-line auctions
• Guaranteed Results

Proven Process for Success

WWRE eSourcing Program

WorldSOURCE Basic supplier package:

• Up to 2 auctions within a 3 month time period
• Access to WWRE University training
• Support to build and execute auction pipeline
• Ability to develop an Auction Strategy with the assistance of a WWRE Sourcing Advisor
  • Works with your buyer to establish a buying calendar
  • Delivers WWRE Auctions expertise based on the WWRE Global Methodology
  • 3 days of online auctions expertise included in fee; flexible options available if you want more
  • Auction Monitoring of events along side your buyer
• Access to WWRE Supplier Discovery Services (fee based)
  • Assists in the identification of new suppliers
• WorldSource Savings Guarantee*
  • WWRE guarantees savings equal to your fees paid or we will refund the difference

WorldSOURCE Advanced supplier package

• Limit of 10 auctions events within six month time period
• Flexibility to enable suppliers to start their own auction program
• Enables Suppliers to develop their Auction Strategy with the assistance of a WWRE Sourcing Advisor
  • Works with your buyer to establish a buying calendar
  • Delivers WWRE Auctions expertise based on the WWRE Global Methodology
  • 5 days of online auctions expertise included in fee; flexible options available if you want more
  • Auction Monitoring of events
• Access to WWRE training resources
• 3 Supplier Discovery searches included (typically a fee based service)
  • Assists in the identification of new suppliers
• WorldSource Savings Guarantee *
  • WWRE guarantees savings equal to your fees paid or we will refund the difference

 *based on minimum volume commitments

For more information or to get started, contact save@wwre.org