I ran across this article from the Wharton Knowledge Center regarding the technology of e-Auctions. Although the focus of the article is on consumer forward auctions, I found a couple things interesting from the conceptual level.
The Chinese are starting to really embrace the concept of auctioning for goods and services. 30 million people […]
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This is the second installment of our interview with Andrew Bartolini from Aberdeen. He takes some time to answer detailed questions about the supply management marketplace, adoption/traction and future. Thanks to Andrew for spending time to participate.
1. The Benchmark report indicates that many companies still do not use e-Sourcing strategies. From our […]
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Part of successfully launching a reverse auction project is preparing for the related questions and issues that might occur. Preemptively addressing some will avoid confusion and help the process. Suppliers might have questions about the process they are being involved in once an auction invitation and package is issued and accepted. Have […]
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Another great day at eWorld. The event seems to go from strength to strength. A significant change from September was the quality of the seminars. The feedback from delegates was that the all seminars were thought provoking and kept away from the temptation of being thinly veiled sales pitches.
One observation over the past 2 days […]
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Sometimes, I like to troll websites from respected educational institutions so I can feel like an “Ivy Leaguer”, instead of my rightful position, with the unwashed masses and a public degree. Doing this, I ran into research written by Tunay Tunca, a professor at the Stanford Graduate School of Business.
To summarize, he suggests that […]
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Well, not really. According to Supply Chain Digest, which recently ranked its top 10 technologies and strategies for supply chain management, many aspects of eSourcing scored quite well. Drum roll please…among the highlights:
#1 eAuctions (1 Band-Aid and 5 $$$, an almost perfect score)
What: Use of technology tools to drive on-line contract bidding for […]
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After a long hiatus I am finally posting some further results from our reverse auction and bundling research. In an earlier post, “Bundling for Reverse Auctions  what is it, and why is it important?â€Â, I provided a definition of bundling and substantiated its importance. In this post today I would like to […]
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At long last, Iasta has finally released our newest version of SmartSource. I generally do not discuss happenings in Iasta-land on E-Sourcing Forum but this is significant from my perspective because we have been so excited about unleashing this monster, and, because it changes the e-Sourcing landscape even more with our expanding breadth across […]
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A few weeks ago, I wrote a blog about how to go through the process of determining a suitable reverse auction candidate. Jean-Philippe Massin of the blog, Strategic Sourcing | Europe, even added some very good comments. To add to that topic, I wanted to pass along a link from the UK Office […]
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Still today, I frequently get asked questions about how to identify a category to execute a reverse auction. Many times, people are looking for “the answer†(eg, corrugated, office supplies, ICBMs, Space Shuttles) but it does not work that way. While there is no “answerâ€Â, there is a framework to think about and […]
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