Supplier Learning Center

Reverse Auctions

A reverse auction is a negotiating technique used by Broadlane in which suppliers have the opportunity to compete in an open environment.

Participating in a Reverse Auction Manual
(To download CLICK HERE 1.41MB)
This guide will help you participate effectively in a Reverse Auction. While this guide provides key initial advice and reference material, attending demonstrations and training sessions will more effectively prepare you for an event. We encourage you to take advantage of all
resources to master this new business approach.

Participating in a Reverse Auction Vignette (To view CLICK HERE)
This interactive guide will help you understand the processes required to effectively participate in a Reverse Auction. In less than 9 minutes, you will learn how to complete the following tasks while participating in a Reverse Auction:

• Access your event and place a bid on a single item
• Recognize and review the Leading Bid and Your Bid
• Place a bid on a packaged item
• Launch a variety of tools during the event
  • -Auction Monitor
  • -Full Bid Report
  • - Chat
• Navigate, Bookmark the site, and retrieve a lost or forgotten password.