Reverse Auctions Involves one buyer who invites bids from several prequalified suppliers who face off in a dynamic, real-time, competitive bidding pro
{"Image DocumentName": "Reverse Auctions", "Image ImageDescription": "Involves one buyer who invites bids from several prequalified suppliers who face off in a dynamic, real-time, competitive bidding process. Reverse auctions are best suited for commodity-type items such as purchasing. materials, diesel fuel, metal parts, chemicals, and many raw materials.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}