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Case 4
| THE COMPANY: |
GOODS TO BE SOURCED:
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| Food Service Company and Food
Distributor |
Foodstuffs |
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| THE REQUIREMENT: |
Identify the best
source for 1.1 million units of sliced green
beans, using price and quality as primary
criteria.
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| 13%
savings over historical price per unit
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| OVERVIEW: |
| Materials
Sourced: |
Grade
B sliced beans |
| Number of bidders: |
7 |
| Number
of bids: |
21 |
| Negotiation format: |
Reverse Auction |
| Duration: |
30 minutes
with two 5-minute extensions |
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