Royal Mail keen to develop savings
28 August 2012
The Royal Mail plans to channel up to £100 million of goods and services through e-auctions in the next year after trials saved it an estimated £2.5 million.
Eventually, the troubled company wants around half of its annual £1.5 billion budget to go through online auctions.
Peter Stevens, its head of purchasing's technology exploitation and development, told SM:
"E-auctions are now part of business as usual in Royal Mail Group.
"This technique has saved Royal Mail millions of pounds since we started using...