Reverse electronic auction web tool for B2B

Bermúdez, Giovanny Mauricio Tarazona; G-Bustelo, B. Cristina Pelayo; Martínez, Óscar Sanjuán; Alvarez, Benjamin Torres; Rojas, Luz Andrea Rodríguez

doi:10.1016/j.compind.2013.12.008

Cited by 3 publications

(1 citation statement)

References 19 publications

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“…This unwillingness of contractors can be attributed to the dynamic real-time comparison of bid prices that forces bidders to significantly lower their bids in auctions, making the competitive pressure clearly higher than in "standard" tender procedures. Although some authors argue that ORA can contribute to increasing the number of suppliers (Tarazona-Bermudez et al, 2014;Standing et al, 2013), in the case of public works contracts, the effect of auctions is rather the opposite.…”

Section: Figure 1 Importance Of Drivers In Terms Of Riimentioning

confidence: 99%

Implementation of Online Reverse Auctions: Comparison of Czech and Slovak Construction Industry

Hanák¹,

Chadima²,

Šelih³

2017

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Online Reverse Auctions (ORA) are an electronic commerce tool that enables direct communication between buyers and sellers and thus have the potential to make the procurement processes more efficient which leads to improved business performance of the buyer. The presented research investigates how ORA are implemented in the specific environment of Czech and Slovak construction industry. The barriers and drivers associated with this procurement route were identified by investigating the available body of literature. Next, an empirical study investigating the use of ORA was conducted within Czech and Slovak construction industry using a carefully designed online survey. The results show that there is a difference between the adoption levels of ORA between the Czech Republic and Slovakia. Decrease in bid prices and increased transparency are perceived as the most important drivers for ORA users while unwillingness of suppliers to participate, followed by high acquisition costs are perceived as the most important barriers. The identified importance of drivers and barriers of the ORA use provides the starting point for the implementation of this procurement route in construction industry, which will lead to increased competitiveness of the sector in the next step. The obtained results confirm that this procurement route has a significant potential within the construction industry.

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Section: Figure 1 Importance Of Drivers In Terms Of Riimentioning

confidence: 99%

Implementation of Online Reverse Auctions: Comparison of Czech and Slovak Construction Industry

Hanák¹,

Chadima²,

Šelih³

2017

View full text Add to dashboard Cite

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Adoption of Online Reverse Auction Systems For Efficient Public Service Delivery in South Africa

Mlitwa,

Tlhako

2023

Journal of Public Administration

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Factors influencing savings from electronic auctions

Klézl¹

2014

ER-CEREI

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The ratio of public procurement undertaken through reverse electronic auctions is increasing rapidly. Czech and Slovak municipalities use this tool to save public funds through fostering direct competition between suppliers and to increase transparency. The main aim of this paper is to analyse the savings achieved through e-auctions and the factors influencing these. Five variables are tested to establish whether they influence the savings: number of participants (potential suppliers) in the e-auction, total value of the e-auction, size and country of origin of the municipality, and category of the procured product or service. Several methods are used to test independence. All of these factors except the country of origin influence the savings gained, which is in accordance with the findings of existing research.

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Reverse electronic auction web tool for B2B

Cited by 3 publications

References 19 publications

Implementation of Online Reverse Auctions: Comparison of Czech and Slovak Construction Industry

Implementation of Online Reverse Auctions: Comparison of Czech and Slovak Construction Industry

Adoption of Online Reverse Auction Systems For Efficient Public Service Delivery in South Africa

Factors influencing savings from electronic auctions

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