Starting today, we will begin a feature in which we update our readers on the latest happenings here at BidBridge. We will talk about some the successes we have shared with our buyers, the latest news about the company, and other items of interest. Without further ado…
Press release for our event with the City of Chicago
To view the release, simply click the link above. The release was picked up by outlets like AOL Money News, Forbes.com, MarketWatch, and Reuters. In brief, the City purchased Runway Snow Removal Units and saved nearly $1 million in partnering with BidBridge.
2009 NIGP Conference
BidBridge is excited to announce that we will be attending the 2009 NIGP conference in St. Louis. We can be found at booth 728, so make sure stop by and say hello! We will have special giveaway items for some our visitors. Look for more details next week here at the BidBridge Procurement Strategies Blog.
Event Summary – Daphne, AL – Various Trucks
In the City of Daphne, Alabama’s second event with BidBridge, three suppliers competed to supply a variety of heavy duty trucks including garbage trucks, street sweepers and knuckle booms. The bidding lasted for 1 hour 32 minutes thanks to 110 time extensions and a combined 84 total bids.
The most competitive element of the event was for a dual side-loading recycling truck, receiving 54 bids with 32 first place turnovers throughout the course of the event.
The City of Daphne was thrilled with the event and plans to not only award quickly, but purchase additional vehicles based on the competitive pricing they received through the BidBridge event.
Employee Spotlight
As we are growing, we want you all to feel connected. Each weekly post will include a short bio on a member of our team. This week we are featuring Jacquelyn Campbell.
Jacquelyn Campbell joined the BidBrdge team in July 2009. She is serving as an Operations Assistant, working to source additional suppliers and assist the Operations Coordinators in managing events and ensuring we continue to drive the results we historically have achieved for our buyers.
Jacquelyn comes to BidBridge after three years of management experience at Enterprise Rent-A-Car. There she worked in a variety of roles, most recently serving in Human Resource Management. Jacquelyn is a graduate of the University of Louisville, where she received a Bachelor of Arts degree in Communication.
We are proud to have Jacquelyn as the newest member of our team!
BidBridge featured in Dean and Provost magazine
There is no online version of the article available, but look for an article entitled “Save money on major purchases with reverse auctions” on page 6 of this month’s issue.
The article introduces the concept of reverse auction to universities nationwide, saying:
“When you make major purchases using a traditional sealed-bid process, sellers don’t always offer their lowest possible price. But if they could revise their bids to underprice their competition, you could save a lot of money.”
We couldn’t agree more!
The article cites recent successes that San Diego State University has had in partnering with BidBridge over the past few months. The article is further evidence that the reverse auction concept is gaining more and more momentum in the purchasing world. BidBridge is proud of its role in helping to build that momentum!