Thank you. We will be in touch shortly.

Request
Quick Call
Request Quick Call

Thank you. We will be in touch shortly.

Juice

Simple juice, simple event, simple savings. 

 

Challenge

A large European retailer was in need of substantial volumes of orange- and apple juice for Q4 of 2015. Only two potential sources were qualified and the initial bids from suppliers were far apart. Also, the buyer needed to factor different logistics costs and payment methods into the bids.

Solution

The buyer utilized a Cherry Picking auction in order to have a clear line-by-line competition and used a green/yellow/red traffic light system to encourage bidding among the suppliers.

Result

The event achieved significant bidding activity with 114 total bids placed, 20 extensions and identified savings of 8,94% relative to Target price. The supplier with payment and logistics advantage was still unable to beat price of the incumbent supplier.

Book a Demo

Originating from the needs of the procurement professional, Scanmarket's S2C software is built to be used. See for yourself how advanced technology can be as simple as it should be.

 

Over $1 Million Savings with Air, Sea & Freight List eAuctions
Read more
€4million Saved with CherryLot eAuction on Metal Beer Kegs
Read more
Japanese eAuction Results in 22% Savings
Read more
Japanese eAuction on Car Leasing Saves Buyer Over $600,000
Read more
Scanmarket Client Saves $4 Million on Coffee Machines with Cherry Picking eAuction
Read more