Automated Vendor Selection Technology breaks “iron triangle” of quality, timeliness, cost
Prior to the AVS Technology™, buyers of customized goods and services were faced with the “iron triangle” of quality, timeliness, and cost. A buyer needing top quality on a rush order expected to pay a premium price; a buyer on a limited budget needing a high quality project expected non-expedited delivery; and a buyer on a limited budget needing expedited delivery expected less than optimal quality. While two of these three elements were attainable on the same project, historically a buyer could not expect to obtain all three – until the AVS Technology™.

The AVS Technology™ allows for the specifying of high quality and expedited service requirements, while generating low pricing. This is accomplished by allowing qualified vendors to bid high, low, or not at all (1) without having to consider buyer pricing expectations; (2) without fear of setting either high or low precedent for future bid prices; and (3) rather than worrying about being denied future bid opportunities for which the vendor is qualified. Freed from these concerns, bidders offer pricing based on their open production capacity at the time each job is bid, knowing that if they bid low this week when they are hungry for work, they are not bound to offer the same low price next week when they are busy with other orders.

The AVS Technology™ breaks the “iron triangle” because it allows pre-qualified vendors with excess idle capacity to provide an extraordinary low price without risk of establishing future buyer price expectations. In other words, price is no longer tied to quality and timeliness of delivery. This revolutionary innovation is what makes the AVS Technology™ integral to all current and future e-commerce methods and systems for buying customized goods and services. This is why users and providers of such e-commerce methods or systems need to benefit from a license of the AVS Technology™.