countries deal in this market. Marine fuels vary in quality and type‚ and they represent 30 to 50 percent of total operating expenses of oceangoing vessels. Traditional trading is complex‚ inefficient‚ and expensive. Trading in marine fuels is done by auctions and negotiations. Thus‚ an electronic solution has the potential for substantial savings if the e-commerce platform can be cost-effective and scalable. Furthermore‚ it must allow for negotiations on attributes other than price‚ and it needs to have
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Verenigde Bloemenveiling Aalsmeer (VBA) (United Flower Auctions)‚ Aalsmeer‚ Holland VBA is the largest flower auction operation in the world comprises two main parts. The first is the sellers’ area known as the ’auction section’ where flowers are received‚ held in cooled storage areas and auctioned. The second is the ’buyers’ section’ where around 300 buyers‚ exporters and wholesalers rent space to prepare flowers for shipment. Trucks leave Aalsmeer every working day with destinations (including
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Online Auction System Use Case and Misuse Case Diagrams Mounika Challagundla‚ Graduate Student Dr. Natarajan Meghanathan‚ Associate Professor Department of Computer Science Jackson State University‚ Jackson‚ MS 39217‚ USA use case description • Registration: Anyone who want to participate in auction first they have to register to the system. • Login: The user will provide login details in order to access anything. • Post items: Once registered as a seller‚ the seller can start posting his
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Verdell Chester TM-583 Case 4 – Google: Research Google’s attempt to buy into wireless via the 700 MHz Spectrum Auction. 1. Why did Google making this move? Google’s Motivation to bid into the wireless marketplace through the use of the 700MHz Spectrum Auction was the opportunity to develop possibly a 50 state network “The FCC is auctioning 1‚099 wireless licenses in the 700 MHz band‚ but the most attractive spectrum for many bidders is the “C-block” of 12 regional licenses that
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Business Economy. Montgomery‚ AL: Bank of America Securities Equity Research. Beam‚ C. & Segev‚ A. (1998). Auctions on the Internet: A Field Study. Working Paper 98-WP1032‚ UC Berkeley. Beam‚ C. & Segev‚ A. (2000). Automated Negotiations: A Survey of the State of the Art. Working Paper‚ UC Berkeley. Available http://haas.berkeley.edu/~citm/nego-proj.htm Citrin‚ J Cramton‚ P. (1998). Ascending Auctions. European Economic Review‚ 42(3)‚ 745-756. E-Commerce: The Third Wave. (1999) Westborough‚ MA: EC Cubed
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58 percent. In May 2001 eBay controlled 64.3% of the online auction revenue share far beyond its main competitor uBid.com‚ which‚ has emerged at that time gaining a market share of 14.7 percent. The three next largest competitors are‚ Egghead.com with 4.0 percent‚ Yahoo Auctions with 2.4 percent and Amazon Auctions with only 2.0 percent online market share. Represented less than 10 percent of the revenue share in the online auction market in mid 2001. Competitors of eBay are traditional and inefficient
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Procurement at Betapharm Corp. (A) Notes George Brannigan‚ Vice President Doug Burke‚ Director of eSourcing - Betapharm recently implemented the Emptoris ePass system‚ which facilitates eProcurement activities and‚ specifically‚ reverse auctions Industry Information - Pharmaceutical sales experienced average growth in the low teens between 1996 and 2003‚ single-digit growth was expected over the next few years - Betapharm outperformed the industry - Industry benefited from increased demand
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Data Mining-Driven Analysis and Decomposition in Agent Supply Chain Management Networks Kyriakos C. Chatzidimitriou1‚ Andreas L. Symeonidis1‚2 and Pericles A. Mitkas1‚2 1 Department of Electrical and Computer Engineering Aristotle University of Thessaloniki‚ GR541 24‚ Thessaloniki‚ Greece 2 Intelligent Systems and Software Engineering Laboratory Informatics and Telematics Institute/CERTH‚ 57001‚ Thessaloniki‚ Greece {kyrcha‚asymeon}@issel.ee.auth.gr‚ mitkas@auth.gr Abstract In complex
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many different procurement markets in the world. Public sectors often use the system of auctions in order to ensure competition within these markets. Buyers announce their need of a specific good and the date of auction whereby the supplier with the smallest bid gains the contract. Suppliers need a lot of information beforehand in order to be able to react quickly to their competitors’ bids. The system of auctions however often encourages the formation of illegal cartels and price agreements. In the
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entrants‚ threat of rivalry in the industry‚ threat of suppliers‚ threat of suppliers‚ threat of buyers and threat of product substitution. [pic] Rivalry in the industry Because of low entry barriers‚ the market is full of competitors. Yahoo! Auctions is one of the example competitors for eBay eBay continues to appeal to their customers and provide the best possible service at the lowest price. They are also continuing to expand horizontally into new markets. Brand identity is the key
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