'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 ...

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 ...

The use of digital tools in the era of AI is changing the procurement process in the modern business world. We are living in ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of financial accounting, ...

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 ...

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 ...

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 ...

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 ...