• 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!

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