Reverse auctions are one method of electronic procurement that is very popular with public organizations where tendering is usually mandatory.

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Reverse auctions are indeed a popular method of electronic procurement, especially for public organizations where tendering is often mandatory. In these auctions, suppliers bid against each other to win the contract, with the lowest bidder being awarded the business. This can help drive down prices and increase competition among suppliers.

Reverse Auctions Are One Method of Electronic Procurement That Is