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How Arauco uses Fairmarkit

8.5%

“8.5% in awarded savings”

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

What happened

Arauco's procurement team uses Fairmarkit as a centralized digital platform to run RFQs and competitive sourcing for tail spend MRO and facilities categories. It replaced semi-manual and manual processes and gave the team visibility, supplier consolidation and policy compliance.

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

  • >11%“>11% in identified savings”
  • 4x“4x average annualized ROI based on awarded savings”
  • 4 - 5 Day“4 - 5 Day Average Cycle Times: Reduced turnaround times and streamlined sourcing across MRO and facilities categories.”

Arauco chose to work with Fairmarkit after recognizing that the platform offered the visibility and MRO spend control the team needed, enabling procurement to move beyond tactical execution and become a strategic partner.

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 figure: 8.5%CheckedPrinted word for word on the page, near the name of Arauco.
  • The passage quoted aboveCheckedCopied word for word from the page, near the name of Arauco.
  • Arauco 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.

14%“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$1.2B“In the last 18 months alone, bp has put $1.2B of spend through Fairmarkit.”BP uses Fairmarkit. Another customer of Fairmarkit