Semipricing is a cost management tool designed to provide efficiency and transparency to the procurement and inventory management process.
Semipricing is an online cooperative where members share purchase order data, surplus/obsolete spare part inventory levels and surplus equipment, creating a virtual warehouse of pricing and inventory information.
This real-world information enables members to search the database for pricing and availability, essentially matching buyers to buyers of surplus items. Additionally, peer pricing information empowers members to make more informed purchasing decisions.
