Doing Well by Doing Good: Encouraging Supplier Diversity While Saving Procurement Dollars Through Reverse Auctioning
This study presents the findings of a research effort analyzing the most recent five years of procurement data across all federal agencies that purchased simple goods and services through FedBid. This data reveals the power of reverse auctioning to level the playing field, giving small businesses a fair shot to compete for federal contracts.
- Minority-Owned Small Businesses
- Women-Owned Small Businesses
- Small Disadvantaged Businesses
- Veteran-Owned Small Businesses
- Service-Disabled Veteran-Owned Small Businesses
- HUBzone Small Businesses
- 8(a) Small Businesses
The Small Business Advantage: How Entrepreneurial Firms are Bidding for Success with the Federal Government
This study demonstrates how small businesses as a whole are gaining access to federal business opportunities through FedBid and how this contracting success translates into an enabling force for small businesses.
Taking a Cue from Fortune 1: Why the Reverse Auction Experience of the Department of Defense is a Best Practice Businesses Should Emulate today
This comprehensive study on the Department of Defense’s successful adoption of reverse auction-driven competitive bidding shows how the largest, global organization is setting the standard for achieving significant cost savings through enhanced competition in its acquisition operations. The study proves that everse auction adoption can bring significant savings and process efficiency to private sector as well.
Author: Dr. David C. Wyld
Publisher: The Reverse Auction Research Center
Released: December 2012
Managing the Long Tail: How Focusing on Tail Spend Management Can Directly Impact a Firm's Bottom Line
This study examines how focusing on indirect , unmanaged spend also known as "tail spend" or THIRD SPEND can produce significant bottom line savings and boost overall operational efficiency for public and private sector organizations of any size.
Producing Solid, Defensible Savings in Military Acquisition: An Analysis of the Experience of the Army Contracting Command (ACC)
This study of the Army Contracting Command’s (ACC) procurement process shows that the ACC was able to save taxpayers $150 million since 2007 through use of FedBid’s fully-managed online marketplace.