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| Author: | Mabert, V.A. Skeels, J.A. |
| Title: | Internet reverse auctions: Valuable tool in experienced hands |
| Journal: | Business Horizons
2002 : JUL/AUG, VOL. 45:4, p. 70-76 |
| Index terms: | Internet Industries |
| Language: | eng |
| Abstract: | In a dynamic global economy, effectively managing the procurement process to help cut costs is critical to long-term success. Many firms have adopted Net-based reverse auction tools and techniques for purchasing services and materials from suppliers. This study examines the valuable tools for Internet reverse auctions and presents guidelines for effective implementation of the Internet reverse auction program. There are benefits of the third-party auction service. |
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