Why Entrepreneurs Need to Be Using Reverse Auctions as Part of Their Managerial Strategy

Here's an interesting note from the Entrepreneur's Resource Center at The Edward Lowe Foundation. It is titled "Heads Up! B2B E-Procurement Is Hard at Work," and it talks of how e-procurement - and specifically reverse auctions - can help even the smallest of businesses. As the subtitle implies, the article speaks in a very straight-forward manner about how entrepreneurs can help their companies to "Stop the paper chase; save time and money through B2B online purchasing." It is interesting to note that the article is indeed now a decade old, and yet, the foundation chose to highlight it as these same advantages from the first rise of reverse auctions on the B2B commerce scene in 2000 hold true even more today.

Read the complete article below:

ELF - Entrepreneur’s Resource Center

David