Challenge
Grundfos is one of the world's leading pump manufacturers with annual production in excess of 16 million units. They needed to compare a large number of prospective and current suppliers, which required detailed information for side-by-side comparison.
Solution
Grundfos chose Scanmarket’s eRFx and eAuction modules to prequalify suppliers because they needed to evaluate a large number of prospective and current suppliers in a side-by-side comparison. The eRFx provided an immediate overview of the top 10 suppliers, which helped shortlist suppliers for the second-round e-auction.
Result
The e-auction resulted in significant savings and more market transparency. The time saved compared to traditional face-to-face negotiations reduced the company’s workload, economizing their time with the Scanmarket eSourcing solution.
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Scanmarket is a great tool to keep track of information because you have everything gathered in one place
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