Online Auctions (2004)

WHAT DO COPIERS, ELECTRICITY, AND OFFICE SUPPLIES have in common with meeting services? Some major corporations are purchasing all these things, and more, using a reverse auction process. This efficient, but somewhat contentious, sourcing strategy is essentially a fixed-duration online bidding event in which multiple suppliers compete for a buyer's business.

Register to view the full article

Register for MeetingsNet.com and gain access to premium content including the CMI 25 Listing, our monthly digital edition, the MeetingsNet app, live and on-demand webinars, and much more.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish