When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. WASHINGTON— The reverse auction application workshop originally scheduled for tomorrow has been ...

'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 ...

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 ...

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 ...

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 ...

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 ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of financial accounting, ...

REVERSE AUCTIONS MAY seem a consumer-centered technology, but savvy businesses are discovering that by allowing buyers, contractors, and service providers to bid prices down, they save more than just ...

Reverse auction bidding has been described as “eBay in reverse.” But instead of bidding for antiques and sports memorabilia, Minnesota lawmakers are considering using reverse auctions to award ...

If a manufacturer needed to purchase 50,000 lb of cement at a good price, it might try using a "reverse" auction on the Internet. That bidding technique is catching on among owners, particularly large ...

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 ...

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 ...