Q2 2025 eAuction Savings Report
Q2 2025 marked a slight contraction in eAuction savings performance, with the average savings rate decreasing to 9.38%, down from 10.36% in Q1 2025 and 10.09% in Q2 2024.
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Q2 2025 marked a slight contraction in eAuction savings performance, with the average savings rate decreasing to 9.38%, down from 10.36% in Q1 2025 and 10.09% in Q2 2024.
2022 was a challenging year for most procurement professionals. Geopolitical events changed the foundation of sourcing efficiencies.
The second quarter of 2024 concluded with a slightly higher average savings when compared to Q1 and ended at 10.09%.
The third quarter of 2022 has seen a grinding continuation of global macroeconomic challenges.
2025 saw procurement teams turning to eAuctions to control costs and keep supply chains strong during a year shaped by trade tensions and global uncertainty. Discover key findings in our annual report.
As 2023 came to a close, we observed another robust quarter wrapping up. Q4 concluded with a savings rate of 10.02%, marking the fourth consecutive quarter in 2023 with over 10% average savings through the use of eAuctions across all categories.