eSourcing Case Study: Food Manufacturer
ARCUS® eAUC saves food manufacturer 29% on Labels contract.
With prices for ingredients rising, the food manufacturer felt the need to reduce some of its other supplier costs.
Options were discussed with the Trade Interchange team and an ARCUS® eAuction, divided into two lots, was chosen.
Trade Interchange ran the eAuction inviting more suppliers than the company was able to consider prior to using the software.
9 suppliers took part in the eAuction.
The ARCUS® eAuction delivered 29% savings (£389,000) on the original contract value.
The savings were implemented within five months.
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