E-Auction for a Waste Gas Treatment Machine

APTSE managed a reverse e-auction for a waste gas treatment machine, with three suppliers submitting 63 bids and reducing the final price by 27.49%.

APTSE successfully managed a reverse e-auction for the purchase of a waste gas treatment machine for one of our global industrial client’s plants.

Three suppliers participated in the process, submitting a total of 63 bids during a highly competitive 55-minute session. All scheduled overtime extensions were triggered.

The reverse e-auction achieved a 27.49% reduction compared with the best offer received before the auction.

Key results

  • Auction format: classic reverse e-auction conducted in English
  • Participating suppliers: 3
  • Total bids submitted: 63
  • Duration: 55 minutes
  • Price reduction achieved: 27.49%

A highly successful result that demonstrates the value of digital negotiation in competitive procurement processes.

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DO YOU WANT TO OPTIMIZE YOUR PURCHASING PROCESSES?

Tell us which process you need to improve and find out how APTSE can help you digitize supplier management, RFQs, and negotiations.