Online auctions in procurement : the cost/goodwill tradeoff

Industry is rapidly adopting online auctions. Many of these auctions are occurring in the procurement of component supplies. While there are tremendous expectations for this technology, there is little data or study looking at the implications of the technology. This thesis aims to provide some insight into this topic. Primarily using data collected in a study of auctions in the procurement of automotive components, this thesis looks at the costs and benefits of using online auctions in procurement. The thesis specifically addresses the cost vs. supplier goodwill tradeoff present in procurement auction. After quantifying these variables and answering associated questions, the thesis provides a framework for evaluating the use of online auctions in industry in general. The thesis concludes with a list of suggested further research into this important subject.

Department dc:contributor.department

Massachusetts Institute of Technology. Engineering Systems Division.

Grantor dc:publisher

Massachusetts Institute of Technology

Year dc:date.issued

2000

Author dc:creator

• Rameson, Tyler J. (Tyler James), 1974-

Advisor dc:contributor.advisor

• Sandy Jap.

• Engineering Systems Division.

Statement dc:rights

• M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission.

Licence dc:rights.uri

• http://dspace.mit.edu/handle/1721.1/7582

Language dc:language.iso

eng

Handle dc:identifier.uri

http://hdl.handle.net/1721.1/9157

OAI identifier oai:identifier

oai:dspace.mit.edu:1721.1/9157