Auxionize

Auxionize

International Trade and Development

About us

Auxionize is a cloud-based service, designed to optimize the efficiency of your company's procurement processes. In a sentence, we are the marketplace where suppliers and buyers meet. Our aim is to use the mechanisms of free markets to provide your company with optimal prices in a very short time frame. We achieve excellent results through our state-of-the-art reverse auctions technology. What are reverse auctions? As the name implies, the roles of the buyer and seller are reversed. On Auxionize, suppliers compete against one another, in order to gain business from the buyer. This method guarantees optimal market prices and greater choice of suppliers for a better quality. As a supplier, you benefit from having direct access to hundreds of buyers. Auxionize is direct marketing at its finest - never waste resources on futile marketing efforts again! We are on a mission to increase work productivity dramatically! Follow our journey here.

Industry
International Trade and Development
Company size
11-50 employees
Headquarters
Sofia
Type
Privately Held
Founded
2013
Specialties
Reverse Auctions, Logistics, e-procurement, and supply chain management

Locations

Employees at Auxionize

Updates

  • Happy to announce our team becomes bigger and stronger together with John Powell. Looking forward the new opportunities!

    View profile for John Powell, graphic

    Driving Procurement Transformation | VP of Sales, North America at Auxionize | Marketplace Innovator | Delivering Market-Rate Procurement Solutions

    I’m happy to share that I’m starting a new position as Vice President of Sales at Auxionize!

    This content isn’t available here

    Access this content and more in the LinkedIn app

  • Happy holidays from Auxionize. 🎄 We want to say a huge thank you for being awesome and making this a great year. Your support means the world to us! Wishing you a super fun and joyful holiday season filled with lots of laughter and good times with your loved ones. 🎇 And guess what? We have figured out a way to say thank you for being so great! Keep an eye out for our announcements in 2025 we have prepared a solid list of big surprises! Some advanced non-dwarf-based automation is already in the works and this Christmas tree may just hint at what is to come first. ✨ Merry Christmas and Happy New Year!

    • No alternative text description for this image
  • View organization page for Auxionize, graphic

    700 followers

    Procurement is changing The role of procurement has undergone a seismic shift over the past few decades, evolving from a narrow focus on cost-cutting to a broader, more strategic function centered on supplier management. Shift Toward Strategic Supplier Management In today’s business landscape, procurement has become a strategic function with a far-reaching impact on organizational success. Companies recognize that their suppliers are more than cost centers; they are critical partners in driving innovation, ensuring sustainability, and mitigating risks. Sustainability and Ethical Sourcing Businesses are under increasing pressure to ensure ethical sourcing, reduce carbon footprints, and promote fair labor practices throughout their supply chains. Procurement teams now evaluate suppliers not only on cost but also on their sustainability credentials, aligning sourcing strategies with organizational values. Risk Management and Resilience The COVID-19 pandemic highlighted the vulnerability of global supply chains. Procurement functions are now tasked with diversifying supplier bases, ensuring continuity of supply, and anticipating potential disruptions. Alignment with Organizational Goals Procurement is no longer an isolated function; it is integrated into the broader strategic objectives of the organization. It contributes to profitability, innovation, and customer satisfaction. Challenges and Future Trends The transformation of procurement is not without its challenges. It requires a shift in mindset, investment in technology, and upskilling of procurement professionals. Looking ahead, the role of procurement will further evolve and reach new levels of complexity. That is why automation becomes more and more important in every procurement department. Assigning everyday tasks to software platforms and remote teams will be an ever-increasing trend as hiring, training, and retaining core staff will become more expensive. Auxionize as a platform is built with this trend already being taken into account. Our automation features provide the process resiliency and fluency of operation at all traditional levels, such as RFX, Auctioning, Contract repository, and Supplier onboarding, and we also have a capable team to match. Book a demo today and see for yourself how you can free resources and concentrate on your strategic goals. #auxionize #procurementasaservice #eauctions

    • No alternative text description for this image
  • Yes, we’re on board with that—though it seems our SL might be going through his third or fourth midlife crisis. Apparently, convertibles and bikes aren’t the go-to coping mechanisms anymore! But, hey, it is all true and we are ready to help develop, improve or outsource any purchase workflow you request us to do. #auxionize #procurementconcultancy #procurementexcellence #managedservice

    An important message to all startups. 💼 Coming of age is an interesting moment in everyone’s life. The big guys set the rules and expect us to follow them to be accepted and treated as equals and yet somehow, by doing the same things we are supposed to discover ourselves and be DIFFERENT. Just like in life, in business the pressure on a startup is enormous. Everyone expects you to do everything a corporation has done for decades and yet be innovative, cost less, and provide WOW solutions and products. Yet the backbone of any solution or product, innovative or not, is the same good old process efficiency managed by reliable operators. And this costs a lot! Perhaps more than your A round or any other letter in the alphabet for that matter.  🔤 We know how it is - we have been like you, and, as a matter of fact, we still are. We know you need to concentrate only on the things that matter.  🔎 Our solution is exactly that, both in terms of functionality and price – we let you streamline your processes by running your own procurement department.  🏤 👩💼 👨💼 Our managed service gives you the tools and operators that let you start saving money and optimizing costs just like the big guys do, and then some more, but at a cost YOU can afford. We will design your purchase process from scratch, establish roles, grant permissions, handle e-auctions, provide tailor-made reports as you require, and set timely reminders for everything important. And while we are at it, we can store your contracts and let you make the best possible use of them.  📐 So why don’t you swing by Auxionize.com, book a demo, and see how easy and affordable it is to have your own procurement experts, just like those grown-ups? #auxionize #managedservice #outsourceprocurement #excellenceinprocurement

    • No alternative text description for this image
  • If your procurement team is hiring, Auxionize is the perfect candidate! You might be wondering, why is that? At Auxionize, we provide trained professionals who specialize in setting up auctions tailored to your needs. We collaborate closely with you throughout the sourcing process and ensure all participants in the negotiation are satisfied and well-informed. Auxionize managed services save time for your team and let them focus on strategic tasks, as it should always be. Visit our website to check out our managed services calculator and feel free to reach out if you're ready to hire! #procurement #auctions #tenders #RFX #auxionize

    • No alternative text description for this image
  • #Auxionize team is attending ProcureCon Europe Series at Barcelona. Visit us at Booth #20! Our colleague Stoian Lilov is giving his view about #AI. #procurement #procurecon

Similar pages