Phil Przeklas is a Functional Implementation Business Analyst with Nitor Partners. Prior to joining Nitor, Phil held positions in sales, purchasing, logistics and materials control in the retail and automotive industries. He applies his experience and knowledge across the Source-to-Pay spectrum to help clients implement technology solutions, while maintaining business continuity and driving process improvements. Phil holds a Bachelors of Science in Fisheries and Wildlife and a Masters Certificate in Supply Chain Management specializing in Global Procurement, both from Michigan State University.
From this author
Procurement organizations have been using reverse auctions in sourcing events for decades as a means to reduce spend, introduce new vendors into the supply base and remain competitive in the market. While reverse auctions have flourished since the mid 1990’s, they have also been heavily scrutinized. Trends such as these have forced suppliers to adapt to competitive business practices or become inconsequential. As procurement tools become more streamlined, practices like reverse...