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A reverse auction (also called procurement auction, e-auction, sourcing event, e-sourcing or eRA) is a tool used in industrial business-to-business procurement. It is a type of auction in which the role of the buyer and seller are reversed, with the primary objective to drive purchase prices downward. In an ordinary auction (also known as a forward auction), buyers compete to obtain a good or service. In a reverse auction, sellers compete to obtain business. From Wikipedia under the
GNU Free Documentation License  mobileinfo.com.bh 71px x 71px | 3.10kB [source page] 6 6 2005 Majeda Nader A Karim paid 262 fils only for this fabulous mobile Her bid was the lowest unique bid in this reverse auction The next lowest unique bids were 269 283 and 286 fils while the most popular bids were 111 222 and 113 fils  auction.mooreschapel.org 450px x 600px | 30.80kB [source page] Collectibles and Antiques Reverse oil on glass painting John Deer pedal tractor Madison Mitchell Decoy 1948  touchdownclub.rutgers.edu 293px x 250px | 18.70kB [source page] Auction Reverse Si > 29 Jul 2004 11 51 6k Auction Yao Ming A > 29 Jul 2004 11 51 7k Auction pilot scri > 29 Jul 2004 11 51 19k Bart Starr Sculpture > 06 Jul 2004 10 34 84k From Yahoo Image Search: "Reverse auction"  news.google.com Wall Street Journal LONDON (Dow Jones)--The Bank of England's latest reverse auction attracted an offer-to-cover ratio of 1.9 times ... Solid Demand At UK GBP5.0B 2.25% 2014 Gilt Auction Wall Street Journal all 4 news articles » news.google.com Port Clinton News Herald Dress for the evening is semi-formal and the night will include a sideboard drawing, silent auction , cash bar, grazing stations, dessert and dancing. ... news.google.com Gibson Another tale has a repairman accidentally re-winding the pickup in reverse . At any rate, after 37 years in Moore's hands it was auctioned in 2006 beginning ... and more » From Google News Search: "Reverse auction"  articlebliss.com unknown ue, 21 Jul 2009 19:22:35 GM Online . Reverse Auction. The online . reverse auction. is different from the normal process in that the buyer has more control over the buying experience, while the seller enters the buying circle at the time of purchase. ...  dejablu503.livejournal.com dejablu Sat, 01 Aug 2009 09:14:25 GM Art Now For Autism is doing a fundraiser . reverse auction. later this year and looking for artists to donate art of all types to be auctioned... it's a great way to get some publicity for your art, and the cause is a good one. ...  moneymaiden.com unknown Fri, 03 Jul 2009 05:26:36 GM Dubli credits are the currency that you use in . reverse auctions. . Each Dubli credit is worth 80 and if you re a newcomer, you get 10 free Dubli credits that you can immediately use to start bidding. If you want to get more Dubli credits ... From Google Blog Search: "Reverse auction" |
