Wax News Archive
Thorntons finds Wax Digital eSourcing blooming marvelous for valentines
eSourcing marries buyers and suppliers for less.
As
part of a series of managed reverse auctions for Thorntons, Wax Digital has
helped the leading high street confectioner to a significant saving on the
cost of bouquets in time for Valentines Day.
Thorntons conducted an eAuction with a number of florists who competed to give them the best combination of price, quality and service for the supply of individual bouquets to their customers.
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Wax Digital's eSourcing platform has proved to be a
highly effective procurement tool for our business, delivering significant
and sustainable benefits to Thornton's, helping us to obtain more competitive
pricing from suppliers and a greater knowledge of the market
 Thorntons
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Each florist was invited to take part in the reverse auction event after submitting high-quality tenders for the contract - and the results were very successful. Thorntons finally chose a supplier who supplies beautiful bouquets at a saving of over 30% on current prices.
"We're delighted to have been involved with another successful event for Thorntons, and it goes to prove just how effective the managed service model can be. Many organisations have struggled to realise the full value of eSourcing because they simply don't have the skills in-house to best manage the planning, the process and the technology, said Daniel Ball, Director, Wax Digital. Leveraging our consultants' expertise gives Thorntons the best possible results in a wide range of spend categories."
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