'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 ...

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, ...

Although the General Services Administration eagerly rolled out its own reverse auction platform earlier in July to generate lower prices on commodity goods for federal agencies, newly introduced ...

Addressing fees and the need for oversight and guidelines would help avoid what one lawmaker called the trap of 'making it up as we go along.' Federal procurement experts told lawmakers that the ...

Given the number of class actions and other representative matters filed across the country, a phenomenon known as the reverse auction has increasingly evolved over the past decade, which affects both ...

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 websites no longer generate headlines. But make no mistake: the reverse auction is alive and well. According to a recent survey, processors are frequent reverse auction participants, ...

Reverse auctions have absorbed a fair bit of criticism recently and FedBid, as the reigning king of the reverse auction space, has taken a few blows – but the company’s president, Joe Jordan, is ...

Reverse auctions appear here to stay, and their widespread use by large OEMs is altering procurement strategies despite lingering concerns about strained OEM-supplier relationships. Large systems ...

Purchasing officials at the University of the Incarnate Word say they have saved a surprising 29.5 percent on their latest large purchase -- a big order of lighting equipment -- by using a relatively ...

An online auction format that puts sellers into competition for individual buyers has attracted a quarter-million postings on eBay since its introduction in December, the Web marketplace said on ...

Hotels in Singapore question the long-term impact of online reverse auctions on the viability of hotels, their infrastructure and their service. But that hasn't stopped multinational business travel ...