Study of Electronic Reverse Auction eRA And Its Implications In The Indian Manufacturing and Service Organizations

Abstract

The aim of the study was to investigate the evolution of eRA over the past decade and check its implications in the Indian business. A holistic study of eRA was planned to address the operational issues. A review of literature on Electronic Reverse Auction-eRA from 2001 to 2013 was conducted to understand and discuss various issues, benefits and limiting factors. The starting point for the eRA process is initiated by a buyer party with sending a req newline