Case Studies

CHALLENGE

One of America’s largest apartment and condominium builders and operators used Procur to purchase a mélange of building materials using its empty apartments as partial payment through a procurement program developed and implemented by Procur. Having been in the building industry for over thirty years, the client had established very favorable price points with reliable suppliers.

ASSESMENT

As the Procur team reviewed the clients purchasing habits and products, the team quickly realized that the client did indeed have very favorable pricing. Providing a more beneficial purchasing program would indeed be a challenge.

PROCESS

Procuraggregated the clients purchases with several other existing clients purchases which created a larger demand and opportunity for the potential suppliers thus creating a more favorable environment for Procur to deliver a better purchasing opportunity and for all its clients in the building industry.

RESULTS

Procur was able to source and purchase microwave ovens, regular ovens, dishwashers, stoves, refrigerators, and carpet meeting the client’s specifications and existing price points. Through the Procur Procurement program the operator was able to save millions of dollars in hard cash using its vacancies as an alternative currency and conserved capital for future building projects.