中文
CASE STUDIES
Mini Keypads


Saves HKD 396,364,price reduction as much as 19%

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

39-Keypad(rubber)  Reverse Auction

Bidding Items

39 Mini Rubber Keypads with different designs

Suppliers

6 qualified suppliers from China and Taiwan

Bidding Date

June 2013

Bidding Strategy

Since there many line items, Buyer slip the items into 3 approximately equal dollar amount lots.  Suppliers bidding by Rank Only. 

Bidding Results

It was a long auction lasted 241 minutes. The buyer decided to auction the spend lot by lot. In total, 110 bids were submitted with 23 extensions.  
Lot 1: Reference Price HKD 756,600 (save 18.5%)
Lot 2: Reference Price HKD 689,350 (save 16.4%)
Lot 3: Reference Price HKD 738,870 (save 19.4%)


Bid Graph





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