Inventicus has run a number of reverse auctions during 2005 which have seen
impressive cost savings across a variety of industries and product types. A
cross section of our results can be seen in the table below:
|
Industry Type |
Approx. Quantity |
Approx. Cost Saving (Per Item) |
Approx. Total Cost Saving |
Approx. % Cost Saving |
| Retail |
500 units |
£28 |
£14000 |
48% |
| Retail |
100 units |
£100 |
£10000 |
42% |
| Retail |
300 units |
£10 |
£3000 |
38% |
| Retail |
1000 units |
£11 |
£11000 |
37% |
| Industrial |
60 tonnes |
£162 |
£9720 |
22% |
| Industrial |
20 tonnes |
£148 |
£2960 |
20% |
| Retail |
200 units |
£29 |
£5800 |
11% |
| Industrial |
1100 tonnes |
£45 |
£49500 |
9% |