by Janice Marquardt | Dec 19, 2023 | Benefits, Creative Solutions, e-Auctions
As I was on a call with a supply chain leader last week, they brought up all the common objections to e-Auctions: Too impersonal. Too transactional. Don’t like them. So I asked what they were struggling with. “Lead times are still horrible on our key commodities” was...
by Janice Marquardt | Dec 12, 2023 | Benefits, e-Auctions
E-Auctions–specifically reverse English auctions–have a bad reputation. They had a rise and fall in the early 2000s, and have now largely settled into small impact materials bids or logistic shipping lanes. Why have they gained this reputation and been relegated to...
by Janice Marquardt | Dec 3, 2023 | Definitions, e-Auctions
This very reasonable question almost always comes first when I mention e-Auctions. My first answer is usually that it’s like eBay backwards. An e-Auction, specifically here a reverse English auction, is an online negotiation tool where multiple suppliers bid to sell a...
