'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 ...

Although the General Services Administration eagerly rolled out its own reverse auction platform earlier in July to generate lower prices on commodity goods for federal agencies, newly introduced ...

GSA's reverse auctions won't have an auctioneer with a gavel, but Steve Kelman wonders if they'll even be fair to other players. (Stock image) As FCW has reported, GSA launched a reverse auction site ...

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 ...

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.

Millions of dollars could be saved if a contracting method were used correctly by federal agencies, according to a new Government Accountability Office report. GAO also estimated that 24 percent of ...

We often speak of “the government” as if it operated in a different world with different rules. “The government,” for instance, has its own accounting standards different from the private sector. “The ...

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 ...

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 ...

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 ...

FCC Chairman Ajit Pai may not be the best person to consult regarding a renovation. That’s because his first 11 days leading the Commission has resulted in a Demolition Derby replete with rescission ...

In the world of B2B auctions, the reverse auction is king. Reverse auctions are so named because, as the auction progresses, prices are bid down rather than up as they are with ordinary forward ...