Procurement eAuctions, as we know them today, really took off in the mid 90s. Back in those early days, behind the sales and marketing spin, reverse auctions were pretty basic tools most suited to simple commodity items for which price was the most important (if not the only relevant) factor. eAuctions have moved on dramatically over the past decade and are now capable of delivering significant benefits to buyers across an ever wider range of categories. (more…)

Hello and welcome to the TradingPartners blog on the Procurement Exchange! My name is Alan Buxton and I am Vice President, Product Management for TradingPartners, the leading global provider of fully-managed eAuctions. At TradingPartners, I am responsible for developing new auction tools for particular categories and enhancing our overall eAuction capability. I have presented and written widely on the subject of eAuctions and in this blog I will be posting regular insights into the benefits, and challenges, of delivering successful eAuction programs. If you are after more detailed information, I also maintain my own blog at http://alanbuxton.wordpress.com. Enjoy and thanks for reading!