What is a Reverse Auction?

In this video, K2 Sourcing provides perspective on reverse auctions for procurement. If you take one thing away from this presentation, it is that a reverse auction is one of many tools to help automate the strategic sourcing and, ultimately, the category management process.

Comments:

Leave a Reply



(Your email will not be publicly displayed.)

Captcha Code

Click the image to see another captcha.

Related Links

Are You a Master of Procurement?

On April 25 at 2 pm ET, Jorge Corral, a senior executive in Accenture’s Management Consulting Operations consulting practice, will discuss the research that forms the basis of the articles in a live webcast at My Purchasing Center.

Procurement Meets Performance at Zycus Horizon 2014

The capability of sourcing operations and supply chain management should always be evolving, foreseeing a significant increase in opportunities and challenges in our supply chain on a regular basis, says Stephen Fischer, Director of Procurement, Colgate Palmolive, speaking to procurement professionals attending a session at Zycus Horizon 2014 recently in Amelia Island, Fla.