Reverse auctions in telecom

Add comment August 3rd, 2006 David Bush - Iasta

From a recent article in ComputerWorld regarding telecom expenses and 10 ways to reduce those costs:

Telecom is among the top 10 costs for most businesses, according to industry experts, and for many it ranks in the top five.

Listed as the number 2 method for cost reduction - Reverse Auctions!

Amazingly, the article boasts the ability to reduce cost by 50% and slash cycle time by 77%. There are also other very good ideas related to telecom savings which can help develop a strong and diverse strategy for controlling this onerous category.

Entry Filed under: Functionality, General, Reverse Auctions, Supply Management Best Practices, Technology