Key Benefits
Why More Procurement Teams Are Choosing Reverse Auctions
Reverse auctions aren't about beating down suppliers - they're about creating
efficient, fair, and data-driven sourcing.
10-25% cost savings in a single event
Achieve significant cost reductions through competitive bidding
Accelerate cycle times from weeks to days
Speed up your procurement process dramatically
Increase supplier transparency
Complete visibility into pricing and supplier performance
Level playing field for new & smaller suppliers
Fair opportunities for all qualified vendors
Data-backed negotiation instead of pure relationships
Make decisions based on facts and metrics
Reverse auctions unlock value that RFQs alone cannot
Go beyond traditional RFQ processes
Trusted by Global Procurement Teams
Hear from procurement leaders who have transformed their sourcing process
"What stands out most about MESH is the user-friendly interface, which makes it accessible for team members of all levels. The tool simplifies the RFQ process, saving us time and ensuring accuracy in our data. MESH has become an indispensable tool for Current Lighting, enhancing efficiency, reducing costs, and providing exceptional support."
"MESH offers a comprehensive database of potential suppliers across commodities, materials & manufacturing processes, supported by on-site audit reports & scorecards to help customers quickly select the right supplier. MESH saves us 80-90% of time in finding new suppliers by using reverse auction."
"We achieved 18% cost savings on our machining components in the first auction. The real-time bidding and transparency gave us confidence in our decisions."
