Back to School on How to Get the Best Price | SupplyChainBrain

Back to School on How to Get the Best Price

November 14, 2007

Wonder whether your suppliers are truly giving you a good deal? Two professors who study online reverse auctions (in which buyers solicit bids and award their business to the low bidder) have devised a mathematical model that can assess whether a bid truly represents a seller's best price.
Source: CFO, http://cfo.com

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