2023 Global eAuction Index
2023 was marked by significant economic and geopolitical challenges, yet procurement professionals leveraged eAuctions to drive remarkable improvements in cost management.
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2023 was marked by significant economic and geopolitical challenges, yet procurement professionals leveraged eAuctions to drive remarkable improvements in cost management.
Q1 has seen significant price increases in many key commodity areas globally. Savings of 8.10% vs current price masks a great deal of cost mitigation.
Q1 2026 delivered an average of 8.79% savings across all categories, compared to 10.36% in Q1 2025. While this reflects a year-on-year decrease, the result aligns with a stable and consistent savings trend seen over the past five quarters.
Fragmented, email-heavy sourcing processes replaced with a single, governed platform.
2020 was a year of record-breaking quarters intertwined with a significant amount of variance in savings, up to 17.99% in Q2.
Q4 2025 reflected eAuction savings maintaining consistent performance with the average savings rate slightly moderating to 9.16% from 9.83% reported in Q3 2025.