Reverse bidding (reverse auction) refers to the bidding method that corresponds to the usual forward auction. Also known as a "reverse auction", it is a procurement method in which the purchaser and the supplier complete a procurement via the Internet***.
Suppliers are companies and individuals that supply a variety of resources to companies and their competitors, including raw materials, equipment, energy, labor, etc.
Suppliers are companies and individuals that supply a variety of resources to companies and their competitors.