The Exchange
The Exchange
The heart of efoil is a confidential system for placing confidential
inquiries for future production and supply. efoil's exchange is not a
catalog listing. Instead, each buyer and seller specifies their
specific technical, quantity, delivery, time-frame, currency, and
geographic requirements. efoil's system then confidentially
matches all buy and sell inquiries on a continuous basis, and provides a
confidential best-fit ranking to each matching inquiry. During
this matching process, no information is revealed to any other party.
Buyers and sellers can use the efoil system without concern over
revealing competitive sourcing information in a public forum.
All key elements of future foil supply / production needs can be
specified:
- quantities
- technical specifications (temper, width, alloy, gauge, chemistry)
- specific delivery / production schedules
- geographic locations
- specific exclusion of competitors and existing suppliers and
customers
Each party can proceed with a matched inquiry only when the other,
non-disclosed party likewise agrees to proceed. No information
about each party's inquiry is shared with the other. When both
parties agree to proceed, their identities are revealed to each other.
No price information is conveyed, until after the identity of the
parties is known to each other, and then only when the parties choose to
reveal pricing.
The matching process continues until the inquiring party terminates
the inquiry. Parties can have as many simultaneous inquiries as they
wish.
The efoil system allows a producer or buyer of foil to maintain a
continuous presence in various global markets on a completely
confidential basis.