Online Auctions: How They Can Bolster Sourcing Strategy for Both Public and Private Sector Contracts
Supply Chain Digital reveals the benefits of e-auctions for buyers and suppliers.
Online, August 1, 2010 (Newswire.com) - Norwich, UK - Supply Chain Digital, a top media source for global supply chain news and information, reports on e-procurement and its use in the supply chain.
The August issue of Supply Chain Digital reports on the growing use of online auctions as part of procurement strategy. E-auctions are increasing tenfold every year, says the Chartered Institute for Purchasing and Supply.
Public sector organizations are frequent users of online auctions but private sector companies are fast catching onto this effective procurement solution.
NHS Supply Chain in the UK has benefited greatly from e-auctions and conducted 54 in 2009.
40 organizations across local government, health and central government revealed savings of £10.5 million IT hardware through online auctions.
Read about the buyer opportunities for councils and other organizations in the August issue of Supply Chain Digital.
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Tags: e-auctions, e-procurement, Effective Procurement Solutions, Global Supply Chain News, online auctions, procurement, Procurement Strategy, Purchasing and Supply, Supply Chain Digital, Supply Chain Magazine, Supply Chain News
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