Systematic literature review on electronic reverse auction: issues and research discussion
Abstract
Electronic reverse auctions (eRAs) are receiving extensive attention as an effective stratagem to negotiate prices with suppliers and service providers for the purchase of goods and services. The aim of this paper is to explore the literature to investigate the evolution of eRA over the past few years. A review of literature on 'eRA' from 2001 to 2015 has been undertaken. The subject has been discussed at length from the viewpoint of 'supplier participation', 'spend category' and 'auction size'. The present study consolidates various benefits of eRAs such as reduced time and prices for buyers, increased competition among sellers, discovery of real time market price and improved efficiency of the purchasing process. It also discusses the limiting factors such as costs of switching suppliers, challenges to buyer-supplier relationship and resistance on the part of buyers to be a part of the entire process.
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E-reverse auctioning procurement technology decreases costs because the time required for sustainable procurement is reduced.
“ERA procurement technology decreases costs since the time required for sustainable procurement is reduced [52,119]”
From The Impact of Electronic Procurement Adoption on Green Procurement towards Sustainable Supply Chain Performance-Evidence from Malaysian ISO Organizations (2022) · cites this paper as [119]
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Singh, P. K., & Chan, S. W. (2022) · Journal of Open Innovation: Technology, Market, and Complexity · doi:10.3390/joitmc8020061 · Cited by 65 · see citing works
- Authors
- Pawar, P. V., Behl, A., & Aital, P.
- Affiliations
- Symbiosis International University (IN)
- Narsee Monjee Institute of Management Studies (IN)
- Venue
- International Journal of Procurement Management
- Publisher
- Inderscience Publishers
- Published
- 2017
- Volume
- 10
- Issue
- 3
- Pages
- 290
- ISSN
- 1753-8432 (ISSN-L)
- 1753-8440
- OpenAlex
- W4236024784
- Cited by
- 15
- References
- 0
- Citations by year
- 2025: 4 · 2024: 2 · 2023: 3 · 2022: 4 · 2021: 1 · 2020: 1
- FWCI
- 0.07
- Type
- journal article
- Language
- en
- Open access
- closed
- Locations
- International Journal of Procurement Management (publishedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- Topics
- Social Sciences › Decision Sciences › Management Science and Operations Research › Auction Theory and Applications
- Social Sciences › Business, Management and Accounting › Strategy and Management › Public Procurement and Policy
- Social Sciences › Business, Management and Accounting › Business and International Management › E-commerce and Technology Innovations
- Keywords
- electronic reverse auction, e-procurement, supplier involvement, buyer-supplier relationships, price negotiation
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