Economists are now saying the economy in 2004 could post its strongest growth rate in some 19 years. If that happens, some foresee a reckoning for companies that have made big use of reverse auctions to pound down suppliers' profit margins over the past two years. Will suppliers have their revenge? Has the widespread deployment of e-auctions brought fundamental changes to the ways suppliers think about profitability and react to growth in demand? If you feel strongly about this subject, please weigh in with your comments. Comments may be used for publication in PURCHASING magazine.
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