Buyers gain efficiencies while suppliers gain exposure with WhyAbe.com Sourcing Platform from industry leader Source One
Willow Grove, PA -- (SBWIRE) -- 01/16/2014 -- WhyAbe.com (http://www.whyabe.com) the first and only completely free eSourcing website, rolled out new features in December. based on popular demand, WhyAbe has enhanced its free RFx and Reverse Auction tools to allow users of the site to gain more control over their sourcing experience, including enhanced search features, communication tools, and the ability to pause a live reverse auction.
Both Buyers and Suppliers will benefit from Buyers’ new ability to pause, instead of canceling or rescheduling a reverse auction when needed. In many cases, new information, circumstances, or Supplier questions arise, requiring the auction to be placed on hold. When Buyers are able to release the event again, the time that the event was paused will automatically append itself to the end time of the event, so that the full bidding time allotment is maintained, as well as all information already captured that relates to that reverse auction.
"Since Source One introduced WhyAbe some eight years ago, we have made it our mission to offer a comprehensive set of eSourcing tools that are competitive in the present market, regardless of the fact that access to WhyAbe is free," says William Dorn, Vice President of Operations for Source One Management Services, LLC. "As the industry changes and grows, so will WhyAbe."
For Buyers and purchasing professionals, WhyAbe’s new features allow them to more quickly find and communicate with suppliers that meet their business’ needs. The catalog search function enables buyers to search all suppliers’ product catalogs by parameters including: product and service names, price ranges, supplier defined categories, custom keywords and proximity to their location. Additionally, Buyers can now easily communicate with Suppliers through blast messages and invitations to participate in an RFx, and automatically communicate with all of the suppliers participating in an RFX event at once.
For Suppliers and vendor companies, WhyAbe’s new features allow them to gain further exposure for their businesses. Now that Buyers can conduct detailed catalog searches, Suppliers have a better incentive to fully populate and customize their items and service catalog. Rather than restricting Suppliers into pre-defined categories, WhyAbe’ registered Suppliers are able to register using their own terminology that is appropriate in their specific industry.
WhyAbe.com is a free Electronic Sourcing and Supply Chain Collaboration Solution. Its platform was developed specifically to help buyers and suppliers come together and improve the ways and the speed in which they do business. Buyers can use this site to find new suppliers, browse product and service catalogs, manage contracts, and conduct RFP, RFI, RFQ and Reverse Auction events. Buyers can invite our suppliers or they can invite their own. No one pays a dime.
About Source One, Inc. (http://www.sourceoneinc.com)
Source One has built databases of procurement and supplier management best practices and price points spanning three decades. With its dedicated, diverse staff of actual employees (not subcontractors); Source One provides the experience and resources in areas such as Strategic Sourcing, Procurement Transformation, Information Technology, e-Sourcing, Project Management, Negotiation, Category Management, Supplier Management, Logistics, Inventory Management, Spend Management and Strategic Planning.
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