'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, ...

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 ...

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.

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 ...

Acquisition officials at the Veterans Affairs Department are drafting a report for top VA officials on how the department has managed its use of reverse auctions, a spokeswoman said March 8. On March ...

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, ...

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 ...