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Online Auctions are an important element of
a global supply management strategy combining technology with
knowledge of supply markets and practical experience of purchasing
best practice. Savings and other benefits identified through Online
Auctions can be realized on a tactical day-to-day basis through
e-Procurement. They have become a proven and cost-effective method
for negotiation between buyers and suppliers.
The guideline has been developed by the BuyIT Best Practice
Network of leading UK early adopters. It captures their joint
experiences to enable others to derive the maximum advantage from
their experience
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