Saved USD 41,250 (21%)
Customer |
A premium sourcing company buying 250K pieces of fans scarf for a famous soft drink brand
|
Project Name |
Soft drink premium - fans scarf sourcing project |
Bidding Items |
Fans Scarf qty 250K 115cm x 15 cm polyester, double sided |
Suppliers |
This was a critical component and there were only 3 qualified and incumbent suppliers. All 3 suppliers came from Southern China. |
Budget |
around USD 150,000 |
Bidding Date |
May 2015 |
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 rank. |
Bidding Results |
The whole bidding lasted for 60 minutes with 90 bids and 15 extensions. |