Client Success · Mining & Metals

Transforming Strategic Sourcing with ProcDigi eAuction

A leading Metals & Mining enterprise modernized procurement across multiple sites using ProcDigi’s digital eAuction platform—driving measurable savings, governance, and sourcing efficiency.

7–10%

Cost Savings Across
Major Spend Categories

25–30%

Improvement in
Scrap Sales Value

₹28.12 L

Total Savings
Delivered

50%+

Reduction in
Sourcing Cycle Time

Procurement Context

The organization managed procurement for critical categories including raw materials, heavy equipment, spares, consumables, logistics, and services across multiple mining locations.

Traditional sourcing methods—email-based RFQs and negotiations—were time-consuming, lacked transparency, and resulted in inconsistent pricing and extended sourcing cycles.

Spend Overview

Before Auctions ₹8,11,68,029
After Auctions ₹7,88,86,993
Total Savings ₹28,12,676

Key Challenges

High procurement spend across metals, MRO, logistics, and services
Limited supplier competition in RFQ-based sourcing
Long sourcing cycles impacting plant operations
Lack of real-time price visibility and audit transparency

Digital eAuction Solution

Multiple Auction Formats

Forward, Dutch, Signal, and Rank auctions.

Forward Auctions for Scrap

Achieved highly competitive pricing for scrap sales.

Complete Audit Trails

End-to-end transparency with full MIS reporting.

Reverse Auction for Purchase

Achieved highly competitive pricing for purchases.

Business Impact

Reduction in cost per ton of output
Improved procurement governance
Stronger supplier relationships
Fair, transparent, and auditable bidding

Modernize Procurement Across Complex Operations

Discover how ProcDigi eAuction delivers transparency and savings.

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