System, method and computer program product for a reverse auction in a supply chain management framework

摘要

A system, method and computer program product are disclosed for a reverse auction in a supply chain management framework. Data is received from a plurality of stores of a supply chain utilizing a network. The data relates to the sale of goods by the stores. An electronic order form is generated based on the data for ordering goods from a distributor of the supply chain. The data is then transmitted to suppliers of the supply chain utilizing the network so that the suppliers can offer raw products used for producing the goods at a predetermined price, with the price decreasing as a function of time during a predetermined duration.