APTSE managed a metal scrap e-auction in the Czech Republic, achieving a 25.17% increase in the final selling price.
Our client asked APTSE to manage the electronic auction for the sale of metal scrap generated at one of its industrial plants in the Czech Republic. The objective was to identify the highest bidder and award a one-year contract for the management of the scrap metal.
Four companies participated in the competitive process.
Key results
- Participating companies: 4
- Initial selling price: CZK 10,450,000
- Final winning price: CZK 13,080,490
- Price increase achieved: 25.17%
The electronic auction delivered a highly positive commercial result and enabled the client to secure a more advantageous agreement for the management of its metal scrap.
Congratulations to our client’s purchasing team for launching this successful negotiation initiative.
