The Republic of Ireland's Health Service Executive (HSE) Looks to Reverse Auctions to Save on Procurement

A very interesting development from Europe, as reverse auctions are poised to become a major part of the strategy of Ireland's health agency, the Health Service Executive. The Irish Times reports that the nation's largest spending agency is looking to use competitive bidding on over 4 billion Euro worth of goods, including gas, electricity, waste services and food. Read the details below:

HSE to auction big contracts — Irish Medical Times

David Wyld, Professor of Management at Southeastern Louisiana University and Director of the Reverse Auction Research Center (http://ping.fm/T6tnq)

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