Global Service Provider Handling Confidential Waste

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 a lower cost, and ensuring control, standardized pricing, and contract terms. Given the confidential nature of the service, only highly qualified providers could be invited.

eAuction Divided into 3 Lots

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

1 Supplier Identified and 26.4% Savings

  • All invited suppliers took part and placed bids
  • The auction lasted almost 1.5 hours and 289 bids were submitted
  • Overall savings achieved 26.4%
  • One supplier was awarded the entire contract