Buyer Company |
A global leader in electronic learning products from infancy through toddler and preschool and the world's largest manufacturer of cordless phones. |
Project name |
Telephone Speakers Reverse Auction RFX |
Bidding Items |
Built-in Speaker Telephonehon Handset Speakers |
Suppliers |
6 Asian qualified suppliers |
Bidding Date |
June 2013 |
Bidding Strategy |
There are 5 lots, all lots opened at the same time. Lowest bid supplier for each lot got the business. Suppliers only saw Rank information during the auction. Each lot had 3 to 8 different line items. |
Results |
133 bids submitted within 178 minutes. The competition was fierce for Lot 1, 2 and 4. Savings between 9% to 18% were achieved. |