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Assume you work in the procurement department of a packing machinery systems manufatuer. The parts your company buys must meet precise specifications and the parts are not generally interchangeable; that is your company's design engineers must work closely with your supplies to design specific parts for particular systems. Your director of purchasing is interested in using online reverse auctions to buy these parts. In approximately 200 words, outline arguments for and against using online reverse auctions in this situation and conclude with a specific recommondation.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92524807

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