Eby Saves $1.4M

Category:     Corrugated Packaging
Savings:       $1.4M

Eby-Brown, the $4.1 billion leading US convenience store supplier of more than 16,000 name-brand and private label products, spends $3.9 million per year on corrugated boxes. When their two-year contract for this type of packaging was up for renewal, they decided to run an eAuction project with TradingPartners to lower costs and expedite the purchasing process.

During the three week project, nine suppliers (out of a 59 identifed) met all qualifcations set forth by Eby-Brown and were invited to participate in the eAuction. The event lasted just over an hour and generated 195 bids. The fnal results showed an 18.18% saving, amounting to $1.4 million saved over two years.

Todd Mann, EVP Development and Administration at Eby-Brown said “As a company we use a lot of packaging.  It’s a vital spend for us, but also an expensive one. We needed to renew the corrugated box contract quickly and we wanted to lower the costs.

We were convinced that running an eAuction with TradingPartners would be the best solution and we were right. The identifed savings of $1.4 million has exceeded our expectations. The project was kicked off and implemented much quicker than we expected, which resulted in additional man-hour savings.“
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