IT HAS BECOME relatively common for corporate procurement departments to get involved with site selection in their role overseeing meeting and event contracting. What's unusual — but becoming less so — is for procurement to drive the entire bid process online. A number of companies, including pharmaceutical firms, are experimenting with online reverse-auction tools such as Procuri, FreeMarkets, and ePASS — the same tools procurement departments use to buy paper, computers, and other products ...

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