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As published on fairmarkit.com. Captured by usedby on Oct 7, 2026.

What happened

Alcoa's procurement team deployed Fairmarkit's autonomous sourcing solution across multiple locations to digitize purchasing, reduce manual sourcing work, and add transparency to centralized buying and award decisions.

Summary written by usedby from the source page, in English. The figures are those of Fairmarkit and Alcoa, not ours.

  • 8.7x“8.7x year one ROI”
  • >3k“>3k sourcing events”

With a go-live timeframe of just 4 months, including the holidays in December, Alcoa was able to deploy Fairmarkit’s autonomous sourcing solution in multiple locations, including Brazil, United States, and Canada with rapid expansion plans for other territories like Australia and Europe.

From the page. fairmarkit.com, captured Oct 7, 2026

What the story claims, and what we checked

We compared the story with its live page on Oct 7, 2026.

  • The passage quoted aboveCheckedCopied word for word from the page, near the name of Alcoa.
  • Alcoa uses FairmarkitCheckedConfirmed line. Latest check across sources: Oct 7, 2026.
  • The result itselfNot checkedWe quote it; we did not measure it.

Same company, same tool or same industry.

8.5%“8.5% in awarded savings”Arauco uses Fairmarkit. Another customer of Fairmarkit14%“They have 6% awarded savings with 14% identified (mostly in Equatorial New Guinea).”Atlantic Methanol uses Fairmarkit. Another customer of Fairmarkit$2,000“average savings of about $2,000 per RFQ”Blue Cross Blue Shield of Kansas City (BCBS KC) uses Fairmarkit. Another customer of Fairmarkit