‘Be prepared and obey rules or forget savings’ warning_2
17 August 2012
Online auctions can save money on streamlining procurement processes but only if the buyer and the sellers are properly prepared and obey strict rules, delegates to a major automotive conference were told.
A major pitfall for buyers and sellers is when either side insists on further negotiations after a well-run e-auction, said Uwe Vander Stichelen, e-business manager at Delphi Automotive Systems Europe.
If a supplier wins the auction, award it the business, he told the International Automotive Conference in Sunderland.
“We’ve had auctions where the customer...