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 ...

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 ...

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 ...

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 ...

If a manufacturer needed to purchase 50,000 lb of cement at a good price, it might try using a "reverse" auction on the Internet. That bidding technique is catching on among owners, particularly large ...

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 ...

The auctions had a twist. Instead of bidders increasing their dollar offers in an effort to win the items being auctioned, the scenario featured suppliers lowering their prices in an effort to outbid ...