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Fast Collection and Analysis of Information

A major, global pump manufacturer needed to qualify multiple suppliers across numerous direct materials specifications in order to select new suppliers for an eAuction. Given the number of suppliers and specs, they needed a way to collect and analyze significant amounts of information in an organized manner.

Evaluation on Same Terms

  • The customer invited all suppliers to a multi-part eRFx on the Scanmarket platform
  • Bidders were able to provide responses and initial bids across 20 different line items
  • Bidders received complete specification information via attachments to eRFx

12% Savings Prior to eAuction

  • The customer was able to quickly determine which suppliers should participate in the final negotiation and weed out those that did not qualify
  • 12% initial savings vs. current pricing BEFORE final eAuction negotiation took place