Usage of digital reverse auctions by industrial companies in Germany 2015

Published by Statista Research Department, Mar 19, 2015
This statistic shows the results of a survey concerning the usage of digital reverse auctions in industrial companies in Germany in 2015. During the survey period it was found that roughly 8.3 percent of responding companies had been using this procedure for coordinating suppliers and customers for three to five years prior to the survey.

For how long has your (industrial) company been using digital reverse auctions?

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Source

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Release date

March 2015

Region

Germany

Survey time period

November 2014 to January 2015

Number of respondents

132 respondents

Special properties

industrial companies

Supplementary notes

The source does not provide the original wording of the question posed during the survey. The wording of the question chosen for this statistic may therefore differ slightly from the original.
In reverse auctions, suppliers act as bidders and hand in their offers matching the demand in a considerably shorter time period than in conventional calls for proposals. During the process, it is usually possible to see the (anonymized) offers of the competitors and improve own bids multiple times.

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