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CASE STUDIES
Jumbo Roll Tissue Paper
Source: Author: pop1c2018cc Publish time: 2017-02-28 14:39 4459 Views
Generated USD 75,734 saving, price reduction 13%.
| Buyer Company |
An international fast food restaurant chain with presence in more than 100 countries over 6 continents. Around 800 restaurants in China |
| Project Name |
Jumbo Roll Tissue Bidding Event |
| Bidding Items |
32,000 rolls of jumbo roll tissue paper (24 gsm, 500 m) |
| Suppliers |
6 qualified suppliers based in China |
| Total Spend |
USD 596,000 |
| Bidding Date |
November 2006 |
| Bidding Strategy |
Bidding period set to be 30 minutes. Any new bids coming in the last 3 minutes would extend the period by 3 more minutes. Bidders could see their transformed rank only. |
| Bidding Resulr |
The whole bidding lasted for 87 minutes with 87 bids and 19 extensions. |