Abstract

Strategic sourcing and more specifically, e-procurement have become part of standard industry practice in recent years with the use of forward and reverse auction events. Training materials and games to teach participants to bid in and design such events, however, has been limited. In this paper we describe a Bread/Flour/Grain trading game we developed for instructors to use with student groups. We also provide accompanying materials and suggestions for running and debriefing of the game. The game imparts design and bidding experience, which students can then apply to real world auction events. It is appropriate for group sizes ranging from six to sixty.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.