Reverse auctions coming under fire in The London Times.
Found via ProcurementLeaders.com regarding the use of dynamic bidding by the National Health Service in the UK
Can reverse auctions put the elderly at risk?
It’s well documented here I’m no fan of reverse auctions, but I can’t help but agree with this conclusion by David Rae:
“My view is that a reverse auction is only as good as the person – or people – who is running it”
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