
Creative sourcing effort saves Member 50% on CAPEX replacement
Objective
Substantially reduce client sourced bids for a water heater pump replacement.
Solution
Through a joint effort, Buyers Access Account Management and Member Services teams sourced and negotiated preferred pricing to segregate services between 2 supplier partners, one for required materials and one for installation labor.
RESULTS
50% savings
compared to initial bids
Client saved 6+ hours
of manpower through outsourcing to Buyers Access
$5,000 under budget
on total project cost
THE STORY
Needing to replace an aging 30-gallon hot water heater booster pump, a Contract & Procurement Specialist received 2 separate bids to complete work, both including materials and installation. Not content with the initial bids, the Contract & Procurement Specialist contacted her Account Buyers Access Manager to obtain additional bids.
Taking a different approach, the Buyers Access Account Manager and Member Services team sourced required materials through a dedicated supplier partner, and then identified local plumbers to fulfill installation labor for the client. All resulting in a large win for the client!