A small, independent mining company was in need of a large quantity of steam and condensate pipe for a rapidly moving project. With limited time and on-site sourcing expertise, this company was desperate to find a procurement solution that could help them purchase the products they needed in the least amount of time at the lowest possible price.

After a careful review of possible options, the mining company determined HedgeHog’s on-demand procurement technology was the most comprehensive solution on the market. Not only was its Web-based technology proven to reduce costs, decrease purchase cycle times and streamline the procurement process, HedgeHog also offered a solution to set up, operate and conduct every aspect of the online procurement process from supplier sourcing and RFQ development to complete e-negotiation event management. This freed considerable resources for the time- and employee- strapped mining company – allowing them to concentrate on other project details.

Through HedgeHog’s on-demand procurement technology, sourcing expertise and full service support, the mining company was able to reduce its purchase price for steam and condensate pipe beyond their expectations. The entire online auction took only two hours from start to finish; drew 195 interactive bids and saved the mining company 12 to 28 percent.