DocumentCode :
3249236
Title :
Application of reverse auction in the supplier selection
Author :
Yu, Jang-Xia ; Han, Shao-Hua
Author_Institution :
Sch. of Econ. & Manage., Xidian Univ., Xi´´an, China
fYear :
2010
fDate :
29-31 Oct. 2010
Firstpage :
1267
Lastpage :
1270
Abstract :
This paper analyzed the shortage of the existing method of supplier selection and introduced the reverse auction in it. The technique avoided the deficiency of the existing method and the supplier had more opportunity to revelation its preponderance thus the supplier selection was not unilateral and it could greatly reduce the stock price. The results obtained from the application of this method to the supplier selection indicate that this method is feasible and effective.
Keywords :
commerce; pricing; supply and demand; reverse auction; stock price; supplier selection; Productivity; Sorting; multi-objective decision making; reverse auction; supplier selection;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Industrial Engineering and Engineering Management (IE&EM), 2010 IEEE 17Th International Conference on
Conference_Location :
Xiamen
Print_ISBN :
978-1-4244-6483-8
Type :
conf
DOI :
10.1109/ICIEEM.2010.5646404
Filename :
5646404
Link To Document :
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