Reverse-Auction Case Studies: Effectively & Ethically Lowering Supply Chain Costs
Wes Guillemaud, Founder & CEO, Sorcity.com, Inc., 972/612-1411; Wes@sorcity.com
Ted Farris, C.T.L., Ph.D.
Ted Farris, C.T.L., Ph.D., Associate Professor, University of North Texas, 940/565-4368; Farris@cobaf.unt.edu
Timothy G. Hawkins, Maj, USAF, CPCM, C.P.M.
Timothy G. Hawkins, Maj, USAF, CPCM, C.P.M., Doctoral Student, University of North Texas
Gene Roth, Corporate Purchasing & Supplier Diversity Manager, Enterprise Rent-A-Car, 314/512-2761; email@example.com
90th Annual International Conference Proceedings - 2005 - San Antonio, TX
Although Reverse-Auctions have shown exceptional results in price reduction, time reduction, and over-all Supply Chain efficiency, there are two trends emerging that provide an even greater impact to the Supply Chain: adherence to sound guidelines and the use of Reverse-Auctions by suppliers. Both of these trends are showing positive signs of eliminating problems of the past and fueling the adoption of Reverse-Auctions. The net effect is that many more purchasing groups are saving millions of dollars for their organizations.