Professional Auction Script Software by PHP Pro Bid
Professional Auction Script Software by PHP Pro Bid

Jun. 13, 2021
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Reverse Auction

A reverse auction (also called procurement auction, e-auction, sourcing event, e-sourcing or eRA) is a tool used in industrial business-to-business procurement. It is a type of auction in which the role of the buyer and seller are reversed, with the primary objective to drive purchase prices downward. In an ordinary auction (also known as a forward auction), buyers compete to obtain a good or service. In a reverse auction, sellers compete to obtain business.

LL Gilbert & Associates provides this service to you at Here, you can reach out to professionals from all over and contract work for your project. This can save you time and money, preserving the bottom line for your business!

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