Skip to main content
Home

Car Leasing

A Scanmarket Savings Snapshot on Service Agreements

Japanese Auction saves Scanmarket client more than $600,000 (10.38%) on car leasing.

Challenge

This Scanmarket client had previously negotiated an 11% price decrease with their current supplier for car leasing. They felt they were unable to pressure the same supplier sufficiently during new face-to-face negotiations, but they preferred to remain with that supplier. Previous annual spend on car leasing was €4.9 million, so the potential savings were high.

Solution

The difference in pricing was not very high among few suppliers, and Scanmarket's client did not want one of the new suppliers to win. A Japanese e-auction format was chosen to increase competition between few suppliers.

Result

The 2 new suppliers did not reach the start price of the best and current supplier during the e-auction. However, the best and current supplier decreased their price by 10.38%. The Japanese e-auction resulted in €513,000 in savings with 62 bids in 45 minutes with no discrimination among participants.

Book a demo

Scanmarket's S2C Procurement software is built to be used.
See for yourself how advanced technology can be as simple as it should be.

Request Quick Call

Thank you. We will be in touch shortly.