e-Auction Case Study #3
Case Background
A property management company bidding acoustical ceiling tiles.
e-Auction Summary
Commodity
Acoustical Ceiling Tiles
Historical Cost
$1,000,000
Volume
1 million square feet
Direct/Indirect
Direct purchase
Number of Vendors
Two bidders
e-Auction Format
Reverse e-Auction
e-Auction Solution Provider
HedgeHog Online Procurement Systems
e-Auction Benefits
Lowered historical costs substantially
e-Auction Results
Reduced annual costs of this carpet product by $225,000 or 22%