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Situation

The buyer, a global service provider needed to purchase services for the removal and destruction of confidential waste from their offices and client sites across the UK. The aim was to consolidate waste activity, improving quality at lower cost and ensuring control, standardized pricing and contract terms. Given the confidential nature of the service, only highly qualified providers could be invited.

Solution

  • Utilized CherryLot™ Auction with 3 lots divided in:
    • Off-site paper shredding
    • On-site paper shredding
    • Bulk collections
  • Traffic light system was used to indicate suppliers position in the bidding hierarchy to encourage more activity

Result

  • All invited suppliers took part and placed bids
  • Auction lasted almost 1,5 hour and 289 bids were submitted
  • Overall savings achieved 26.4%
  • One supplier was awarded the entire contract