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Reverse Auction Scoring Worksh

  • TYPE OF DOCUMENT: POL - Policies/Procedures
This document is an exhibit of a Reverse Auction Scoring Worksheet. It provides a scoring system for evaluating various factors related to a reverse auction. The worksheet includes 13 scoring factors such as the category previously sourced, competitive volume, availability of bid tabulation or previous purchase orders, number of previous participants, similarity of current OMR form to previous requisition, number of suppliers on CMBL (Centralized Master Bidders List), number of items (lots), similarity of families of products (NIGP Class Codes), number of families of products (NIGP Item Number), uniqueness of products, accuracy of NIGP codes vs. product descriptions, availability of product distribution network, and number of delivery locations. Each factor is assigned a rating of A (8 points), B (4 points), or C (0 points), and the overall score is calculated by multiplying the number of A ratings by 8 and the number of B ratings by 4. The document also provides an overall assessment score based on the calculated overall score. Additionally, it mentions categories where Orbis has significant experience in reverse auctions, including industrial equipment, food products, security and safety equipment, fabricated metal products, clothing, shoes, apparel, textile components, office, printing and packaging supplies, construction equipment, and autos, vans, trucks (lease and purchase).
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