new and controversial procurement tool has been making the rounds at federal agencies over the past four years. Billed as a means of driving product prices to the lowest possible threshold, reverse ...

From 2005 to 2008, Maricopa County, Ariz., supplied bulk flour for its eight jails, which used 5.5 million pounds over the course of those three years. During that time, the price of bulk flour spiked ...

Auction software provides consumers an exciting, competitive approach to purchasing the goods and services they need. However, launching your online auction site has historically meant learning ...

Reverse auctions have absorbed a fair bit of criticism recently and FedBid, as the reigning king of the reverse auction space, has taken a few blows – but the company’s president, Joe Jordan, is ...

Business 2.0, CIO, Information Week, Electronic Business Mobile Computing & Communications. our years ago, after hearing the buzz about reverse auctions, leaders of the Army's ...

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 ...

SAN FRANCISCO--(BUSINESS WIRE)--Scout RFP, the company that is reinventing Sourcing and Procurement, is pleased to announce CIO Applications has chosen it as one of the Top 10 Auction Software ...

Following the demise this month of ProcurePoint, a third-party provider of hotel reverse auction software, industry sources told Business Travel News that other vendors are attracting an increasing ...

Suppliers existing on already thin margins are fearful of being beaten down on price by powerful buyers. So why would they embrace reserve auctions, which end up awarding contracts to the cheapest ...