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EdgeworthBox helps B2B buyers purchase the right solution, from the right supplier, at the right price by making sourcing elastic
We don't believe B2B sourcing needs to be bureaucratic and painful to be effective.
The best solution, priced competitively, coming from a supplier with whom the buyer wants a relationship is value-for-money.
Procurement should be an efficient, inexpensive, rapid investment process. Buyers invest in solutions. Suppliers, in developing proposals, invest in relationships.
The more competition a buyer can surface, the more likely they are to obtain value.
EdgeworthBox believes that procurement can leverage tools proven to work in investing to help buyers obtain value and suppliers find lasting, mutually beneficial relationships.
From the Industrial Revolution, businesses have used the reverse auction to buy goods and services. Requests for Proposal (RFPs) and Requests for Quote (RFQs) were a way to get suppliers to compete on price. For a long time, this worked well. As long as companies were buying simple things, it was......