Outcome Sourcing Part 2: Expressive Bidding™ Technology for Specifying Outcomes
By Bill McBeath
Published
on Mar 23, 2010
One promising e-sourcing technology to support outcome sourcing is expressive bidding™. Reverse auctions evolved to allow evaluation of a broader set of requirements beyond material price, such as total landed cost, quality, lead times, supplier capabilities, and capacity. Expressive bidding takes it further, analyzing thousands of combinations of bids across many dimensions.1
