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| Monday, March 09, 2009 | 15:16 |
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Company News
WSTA Procurement auctions deliver big cost savings
WSTA Procurement, part of the member services arm of the WSTA, has helped a member company secure a total saving on packaging and labels in excess of £50,000.
Leading producer and importer of fine wines, spirits and speciality drinks, Halewood International made their saving as a result of a couple of reverse auctions with a pool of suppliers bidding online to provide the company with their products. They added the auction to their own procurement process to achieve savings.
WSTA Procurement organised the e-auctions and bidding by auction participants led to contracts for supplies being awarded and Halewood International securing significant savings on the initial prices put forward.
Halewood International Purchasing Director Ian Duffy said: "Initially we were sceptical about the auction service, but I can honestly say that this member service has been a significant benefit to our business and we have more auctions scheduled during the coming months. The WSTA Procurement reverse auction service has saved us time and money using the online auction system to manage the tendering process. A major benefit is the cost of the service - something which put us off doing this with other providers."
WSTA Chief Executive Jeremy Beadles said: "It's great to see WSTA members gaining so much benefit through their WSTA membership and I strongly recommend other members to use this innovative technique to maximise competition in providing products and services."
Notes to Editors:
Established in 1824, the WSTA represents the whole of the wine and spirit supply chain including producers, importers, wholesalers, bottlers, warehouse keepers, logistics specialists, brand owners, licensed retailers and consultants.
With over 330 members the WSTA works to promote the responsible production, marketing and sale of alcohol and to share best practice with the entire trade.
For further information please contact Gavin Partington at the WSTA (gavin@wsta.co.uk or 020 7089 3876)
Gavin Partington
Head of Communications
The Wine and Spirit Trade Association - One strong voice for the trade
International Wine & Spirit Centre
39-45 Bermondsey Street
LONDON, SE1 3XF
m +44 (0)7966 014058
t +44 (0)20 7089 3876
f +44 (0)20 7089 3870
e gavin@wsta.co.uk
Contact
| E-mail: |
| Web: http://www.wsta.co.uk |
| Company: The Wine and Spirit Trade Association - WSTA |
| Address: 39 - 45 Bermondsey Street - SE1 3XF London |
| Country: UNITED KINGDOM |
| Phone: + 44 (0)20 7089 3877 |
| Fax: + 44 (0)20 7089 3870 |
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