What interested me in particular was the purchasors proposed method of procurement - an on-line reverse auction among suppliers. So, I am guessing here that the reverse auction participants could only be the NAN direct sales team and GE, which seems a bit weird and artificial, given that: 1) GE is a NAN distributor; and, 2) NAN direct should always be able to undercut GE on price.
I'm not sure why the purchasor would not just engage in a "sole source procurement" with NAN. Maybe someone on the NAN thread who knows something about procurement can clarify?
cheers
zeno9
NAN Price at posting:
$1.66 Sentiment: Hold Disclosure: Held
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