When bringing Fairmarkit to BT Sourced, we set our sights on disrupting the way our organization and the whole industry thinks about sourcing. Right off the bat, we had impressive results that exceeded our expectations of process improvement and hard savings, and now we're working to expand the value at a global scale. We are excited to continue to see the transformative effects Fairmarkit will have across our whole organization as we grow together in this partnership.
As a global company with a massive scale of operations, Fairmarkit has allowed us to reimagine our entire sourcing process. When tasked with doing more work with fewer resources, Fairmarkit’s innovation allowed us to automate our buying processes and complete our requirements. We’ve already pushed over $1 billion of spend through the platform, with $125m of this being automatically sourced by the tool, and we look forward to continuing our efforts with the Fairmarkit team.