Perhaps the most successful federal example of a reverse auction came in 2000, when the Defense Finance and Accounting Service (DFAS) needed 6,200 computers and a few hundred more laptop PCs and ...

GOLDEN, Colo. (CBS4)- A reverse auction puts a luxury home in the hands of the lowest bidder instead of the highest bidder. Here's how it works, the six bedroom, nine bathroom home in Golden is on the ...

Information technology enabled exchanges in electronic markets have significant implications for buyer-supplier relationships. Building on studies that emphasize the role of intangible assets in ...

The authors model (1) the impact of the supplier's relationship propensity before the auction on the supplier's bidding aggressiveness in the auction (in terms of the number of bids it submits, the ...

In an era of new innovations and strategies, legal operations and procurement leaders have used novel tactics to reduce spend while simultaneously increasing the quality of legal work. But one tactic ...

image: SMU Assistant Professor Li Jiangtao aims to further the theoretical work of mechanism design, which is a framework that is frequently used by governments and leaders for facilitating auctions ...

Switching the company that manages Colorado’s state employee drug plan is estimated to save more than $27 million over the next five years, but the manager that holds the current contract is formally ...

Reserve Bank of India (RBI) Governor Shaktikanta Das on August 10 said the variable rate reverse repo (VRRR) auction will continue and there is no proposal to go back on it on a daily basis. "The ...

The Reserve Bank of India (RBI) said it will conduct 14-day variable rate reverse repo auction for a notified amount of Rs 50,000 crore on September 22. The auction will take place between 10:30 am ...

The Reserve Bank of India (RBI) on Wednesday conducted two variable rate reverse repo (VRRR) auctions for a notified amount of Rs 1 trillion as it sought to impose a tight liquidity regime amid a ...