Skin ADV

eng
About   |   Newsletter
Demand & Supply Chain Management Evolution


Supply Chain Glossary

Glossary  >  A  >  Auction  


 

Auction


Source: Procurement Glossary
Author: Paul Rogers
Institute: CIPS - UK

Courtesy of


 

An auction is the process of buying and selling goods or services by inviting competing bids from a number of participants.  Competing participants in an auction may or may not know the identities or actions of other competitors.  Forward auctions involve buyers submitting competing bids, with the price typically increasing during the auction.  Reverse auctions involve sellers submitting competing bids, with the bids usually decreasing during the auction.  Online reverse auctions are a common tool for procurement practitioners seeking to harness competitive tension for relatively undifferentiated categories.  Some platforms allow the buyer to evaluate bids against a variety of criteria as well as price, and bidders may have visibility on the actual prices bid, or simply the ranking of their offer in terms of competitiveness against the other bids received by the buyer.  See also Auction, Dutch.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 




Job Opportunities
 
Product Supply Chain Owner
     
     Basel-City  -  PERM  -  Roche

Sourcing Specialist - 9 months (m/f)
     
     Geneva  -  PERM  -  Page Personnel

Lagerist (m/w)
     
     Lucerne  -  TEMP  -  Page Personnel

Warehouse Associate (m/w) - 100%
     
     Solothurn  -  PERM  -  Page Personnel

Prozessoptimierer (m/w) im Verpackungsbetrieb des Clinical Supply
     
     Aargau - Kaiseraugst  -  PERM  -  Roche

Category Manager Logistics (m/f)
     
     Zürich  -  PERM  -  Michael Page

Procurement Project Manager Regulations / IVDR
     
     Zug  -  PERM  -  Roche

R&D Sourcing Manager
     
     Basel-City - Basel  -  PERM  -  Roche

Direct Procurement Business Partner
     
     Zug  -  PERM  -  Roche

Global Category Manager Instruments
     
     Zug  -  PERM  -  Roche

Operativer Einkäufer (m/w) - 100%
     
     Zürich  -  PERM  -  Page Personnel

Demand Planning Manager - Global Food business
     
     United Kingdom  -  London  -  PERM  -  Michael Page

Transport Manager - Leading 3PL Business
     
     United Kingdom  -  Leicestershire  -  PERM  -  Page Personnel

Regional Logistics & Supply Chain Manager - Leading FMCG Business
     
     United Kingdom  -  Bristol  -  PERM  -  Michael Page

Procurement Business Partner
     
     United Kingdom  -  Warrington  -  PERM  -  Michael Page



 
           Circular Economy     Industry 4.0     Blockchain 

     Internet of Things     Omni Channel 


Join us on


News & Trends
 

Last update 4 Jun 2020
Marked downturn in global manufacturing continues in May, although rate of contraction eases since April
   Source: J.P.Morgan Global Manufacturing PMI ™  -  IHS Markit



Chemicals & Pharmaceuticals

Even industries driven by the strictest safety and environmental regulations are capable of reducing their costs. Our solutions improve each phase of the chemical logistics supply chain, to increase your supply chain performance, improve predictability and mitigate potential problems before they arise. B...


Will Logistics 4.0 Reduce Your Supply Chain Risk?

In much of the world, we’re stuck in the grey doldrums of late winter—but let’s think back to the recent holiday season for a minute. Specifically, let’s imagine that you’re trying to sen...


Education
 

Local & Regional Agenda
 


Resources
 
Erema: Gaining a competitive edge through preferential exports

Erema, an Austrian manufacturer of recycling systems, uses AEB software to accelerate the proper classification of its components, manage supplier’s declarations, and ensure compliance in its exports. Erema ship...

The Digital Transformation Directive: Practical Approaches To Tackling Disruptive Technologies At The C-Suite

This report provides C-level supply chain executives and their key transformation leaders with tools and frameworks to develop a roadmap and establish a directive for digital transformation.  ...


International Agenda