A Google case study of its reverse auction process shows the firm is pleased with the results, including finding the lowest bid in 60 minutes—as shown in the featured image—rather than through months ...

Saving money has always been a prime directive for successful businesses, and for many people, online reverse auctions may look like an effective e-business tool for doing just that. But research and ...

Just when it seemed safe to go back online, the specter of short-sighted Internet business models has risen to threaten print margins. It's the players, more so than the concept, that is new. Reverse ...

Even the cloud of economic uncertainty and hardship can have a silver lining. Brown will be able to save about $15 million over the next five years in heating and electricity costs, thanks to a new ...

In an era of new innovations and strategies, legal operations and procurement leaders have used novel tactics to reduce spend while simultaneously increasing the quality of legal work. But one tactic ...

'Suppliers will kick and scream before they participate...' In the world of B2B auctions, the reverse auction is king. But is that just the buyer talking? Adrian Mello investigates the benefits or ...

Societe Generale has kicked off a reverse auction process for the final round of its ongoing global panel review. In total, 16 firms are competing for 12 places in the auction. The French bank ...

IN THIS DAY and age, most of us take it for granted that technology can make a process easier and more efficient. But sometimes it is necessary to take a step back and review if a device is delivering ...

LAMAR COUNTY, MS (WDAM) - A new law regarding purchases by all Mississippi government entities will go into effect on January 1 st. State Auditor Stacey Pickering made a stop by the Lamar County ...

One afternoon two weeks ago, Bob Furman, a purchaser for the state of Delaware, was staring at a computer screen in a conference room in Dover. Bids on a big state contract for electricity were ...

ome large corporations are participating in online reverse auctions to procure hotel rates, a practice that puts hotels in a very competitive medium and shaves weeks off the traditional RFP process.

In the world of B2B auctions, the reverse auction is king. Reverse auctions are so named because, as the auction progresses, prices are bid down rather than up as they are with ordinary forward ...