Fasteners
Savings Snapshot

Saved: 27% | $1,974,360.00
For manufacturing company with $7.34M spend in fasteners
Existing Client Challenge
Obtain cost savings with a consolidated supply base
TradingPartners eAuction Solution
- 127 potential suppliers identified
- 6 qualified suppliers participated that met stringent heat treat, quality, & functionality specifications
- 7 lots for screws, nuts, rivets, pins, bushings, washers, & bearings
Results
- 135 bids in 75 minutes
- Consolidated from 13 suppliers to 3
- Achieved 27% savings
- $1,974,360 saved








