Online auctions in procurement : the cost/goodwill tradeoff
Name
45274584-MIT.pdf
Description
Full printable version
Size
3.7 MB
Format
Adobe PDF
Checksum (MD5)
987792f04a4cc7e74a5852864767e572
Author(s)
Rameson, Tyler J. (Tyler James), 1974-
Advisor(s)
Sandy Jap.
Date Issued
2000
Publisher
Massachusetts Institute of Technology
Abstract
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.
Description
Thesis (M.Eng.)--Massachusetts Institute of Technology, Engineering Systems Division, 2000.
Includes bibliographical references (leaf 44).
Subjects
Engineering Systems Division.
MIT Department
Massachusetts Institute of Technology. Engineering Systems Division
Terms of Use
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.
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