Procurement auction
Electronic auctions (sourcing auctions) , or as a reverse auction referred to are auctions that are initiated in procurement. Here, a purchasing organization auctions its requirements among several competing suppliers (single buyer model) . In sales auctions, on the other hand, several buyers bid on the offer of one seller (single-seller model) . Conversely to the sales auction, the procurement auction aims to minimize the price. While the auction object i. d. Usually is physically available before the start of the auction and can be described in detail, the auction object in the case of the procurement auction is usually an abstract purchase obligation, the specific object of which must first be precisely specified by the procuring company. Procurement auctions in the business-to-business area are usually carried out via the Internet in the form of an e-reverse auction .
Individual evidence
- ^ Kleusberg, Peter: E-Collaboration and E-Reverse Auctions, Saarbrücken 2009, p. 19.
- ↑ Mabert, Vincent A. and Jack A. Skeels: Internet reverse auctions: Valuable tool in experienced hands, in: Business Horizons, Vol. 45 (2002), No. 4, p. 71.
- ↑ Cf. Pinker, Edieal J., Abraham Seidmann and Yaniv Vakrat: Managing Online Auctions: Current Business and Research Issues, in: Management Science, Vol. 49 (2003), No. 11, p. 1462.
- ↑ See Müller, Holger: Requirements for electronic marketplaces from a procurement perspective, in: Bogaschewsky, Ronald (Ed.): Practical Guide E-Procurement: Volume 1, Estenfeld 2004, p. 62.
- ↑ See Gampfer, Ralf: Auctions and auction platforms between companies on the Internet, Aachen 2003, p. 155.