Standardization Needed for Water Coolers
Our customer, a global facility services provider, needed to purchase water coolers for various client sites. A total of £750,000 GBP was spent across 6 suppliers. Multiple client sites used different suppliers with varying Service Level Agreements (SLAs) and no standard price list.
Consolidating Spend with 1 Supplier
- The customer wanted to consolidate spend with a single strategic partner to leverage the best commercial offering – via a CherryLot™ Auction
- In addition, the customer was looking to standardize SLAs to industry standards
Standardization Introduced 20% Savings
- 3 competent and qualified suppliers sourced and competed against pre-defined specifications with early engagement from key stakeholders
- Savings of 18-20% identified against a target of 10-12%