Ricardo is a global engineering, strategic and environmental consultancy. They were founded by Sir Harry Ricardo in 1915 and still share his vision for maximising efficiency and eliminating waste.

Ricardo has seen reverse auctions as a potential solution to create more value in their organisation. This value is not just related to the savings auctions can bring but also the intangible benefits such as time and process. They chose Market Dojo as the organisation they wanted to work with to move this forward.

Market Dojo’s guides and support helped Ricardo negotiate the path to success by ensuring a detailed grasp of the data, robust document creation and defined supplier liquidity. Coupled with the Pay as you Host option, Sourcing Dojo presented a low cost and low-risk solution to get this program off the ground.

We are very pleased with the support from Market Dojo to move this program forward. The techniques that they have demonstrated for a successful eAuction will bring many benefits in the short and long term. Also their auction platform has made the adoption simple from a buyer and, more importantly, a supplier standpoint.

-Richard Lintott, MA, MCIPS, IOSH, Supply Chain Manager