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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

conducted in late March 2003 by the B2B Research Center—a provider of market-driven research and analysis to the business-to-business community—clearly shows that the growing use of reverse online ...

'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 ...

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.

What are reverse auctions? Are they occurring in corporate travel management? If so, what is their legality? A: A reverse auction is a process in which a buyer, such as a corporation, begins by ...