ONLINE AUCTION SERVICES used to conduct Business-to-Business Reverse Auctions via the Internet using advanced Reverse Auction software technology Large private and public companies will become able to outsource the production of goods and services in several different categories directly to those other manufacturers and suppliers that ask for the lowest price Each corporate or public purchaser (or a power group of purchasers) will therefore become able to outsource a part of its commercial activities to the OUTSOURCERSCOM Reverse Auction while suppliers will compete for such purchasers by offering the lowest price possible The cheapest supplier will win the outsourcers contract to deliver the seeked goods or services to the purchaser who will not produce them "in-house" any longer