E-auction varieties bewilder buyers

Snell, Paul
July 2006
Supply Management;7/20/2006, Vol. 11 Issue 15, p12
The article reports on the potential for purchasers to use the wrong type of electronic-auction which could lead them to pay higher prices for offered services in Great Britain. Alan Buxton, production director at TradingPartners company, states that 90 percent of e-auctions are traditional, where the price is driven down by suppliers competing for the deal. However, he emphasizes that there are still other types of auction where there is a possibility for the bid price to be lowered.


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