Readers back online auctions

29 May 2002
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30 May 2002 | Robin Parker

Online reverse auctions are not a threat to good relationships with suppliers, according to the first SM online poll.

The poll, which often in the past fortnight has put fans and dissenters neck-and-neck, now shows that 57 per cent of the 200+ voters say reverse auctions do not harm supplier relationships.

But reverse auctions come with a health warning, as more than a third believe that there is a potential for damage. A further 5 per cent were undecided.

Their supporters say that e-auctions provide a competitive environment in which to pit bidders against each other to achieve significant savings and strengthen links with long-term suppliers.

But others believe auctions return the profession to the days of lowest-price deals and undo carefully forged relationships.

The poll is a regular fixture of the relaunched SM website, which will take the pulse of the profession on controversial purchasing topics.

There's still time to have your say on the use of e-auctions by visiting the poll on the main homepage.

SMmay2002

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