How We Helped IFB Gain Cost Transparency and Save Over 10% on Global Freight Procurement
As IFB prepared for rapid global expansion, rising freight costs and fragmented sourcing processes began to slow them down. With no central visibility into lane-wise pricing, currencies, or vendor competitiveness, every shipment became a costly negotiation. This case study shows how EffiGO transformed IFB’s freight procurement using structured eAuctions—bringing transparency, speed, and measurable savings across international lanes.
- Achieved average savings of 11% across global freight lanes.
- Enabled real-time, multicurrency cost visibility for accurate comparisons.
- Replaced manual negotiations with BOQ-based Reverse e-Auctions.
- Reduced sourcing cycle time while increasing vendor participation and competitiveness.
Download the full case study to explore the approach, solution design, and measurable impact in detail.