K2 Sourcing is not just another reverse auction company. If you have participated in a reverse auction, you may have found the auction is dominated by price. K2 Sourcing agrees that price is an important factor in the sourcing decision, but is far from the only factor. K2 Sourcing works closely with each supplier as it relates to a particular buyer. We look at such characteristics as freight, duty, payment terms, and value added services (Kanban, EDI, engineering support, etc.). K2 sourcing fully incorporates all elements of the total cost and value added services to define what we call the supply chain value proposition. K2 Sourcing calls this unique process Supplier Value Modeling.
No other reverse auction goes as far to ensure that the right match is created between the buyer and supplier then K2 Sourcing.
Proceed to registration to learn about how you can become a part of this process. And if you are currently working with buyers that utilize reverse auction technology, urge them to use K2 Sourcing, and give yourself full credit for all of your capabilities.