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Author: Eyal Eckhaus,
posted on6/17/2010,
in category "eCommerce"
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Abstract:
With the advent of the current financial crisis, global economy has been flooded with uncertainty. Recent technological developments, however, have provided solutions for the growing need of the logistical functions. One of the most popular tools emerging is e-reverse auction (e-RA), providing multiple benefits that may help cope with the financial crisis. While some criaticize the tool for challenging supplier-buyer cooperation, this study substantiates the existence of cooperation, supporting this tool’s potential for counteracting the global financial crisis.
Executive summary of Eckhaus and Bates (2009).