TITLE

E-auction varieties bewilder buyers

AUTHOR(S)
Snell, Paul
PUB. DATE
July 2006
SOURCE
Supply Management;7/20/2006, Vol. 11 Issue 15, p12
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
22072746

 

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