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Generate 13.67% saving relative to first round quote.
| Customer |
A larger chemical manufacturing facility in Guangdong Province. |
| Project Name |
Air Filtration and Cleaning Solution Reverse Auction |
| Bidding Items |
New Air Filtration and Cleaning Solution for Dongguan Facility |
| Suppliers |
Invite 6 pre-qualified suppliers from China and overseas. |
| Budget |
Approximately RMB 4.32 Million |
| Bidding Date |
April 2017 |
| Bidding Strategy |
This is a lump-sum, project based sourcing. Other than price, the quality, and effectiveness of the solution were critical as well. The buyer used Scoring Auction template where suppliers were evaluated according to non-price scores as well as their bid price scores. The ration was 30:70 in this RFX. |
| Bidding Results |
Even though only 70% of the evaluation came from price, Buyer managed to get the suppliers to compete and generated 13.7% price deflation compare to first round quote. |
Bid Graph
