# How Materion uses Fairmarkit

**$48k**: “an average of $48k in savings per buyer”

As published on [fairmarkit.com](https://www.fairmarkit.com/case-studies/materion). Captured by usedby on 2026-10-07.

- Company: [Materion](https://www.usedby.ai/companies/materion.md)
- Tool: [Fairmarkit](https://www.usedby.ai/tools/fairmarkit.md)
- Teams: Procurement

## What the story says

Materion's procurement team uses Fairmarkit to automate purchasing of nonstrategic items and manage tail spend by running RFQ sourcing events across many suppliers. This reduces the manual work buyers spend getting quotes and approvals.

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

> They have realized over 15% in average savings on spend passed through the platform, and an average of $48k in savings per buyer. With typical RFQ sizes over $8,000 and an average of 3 bids received per RFQ, Materion has realized an average RFQ savings of over $1,500.

- **15%**: “They have realized over 15% in average savings on spend passed through the platform”
- **$1,500**: “Materion has realized an average RFQ savings of over $1,500”
- **$150k**: “Fairmarkit enabled Materion to save almost $150k on 100 sourcing events”
- **$28k**: “Both small and large purchases have delivered savings, including over $28k on a single RFQ.”

> I’ve taken Fairmarkit and the service that it’s offered and I’m building a culture around it to take us into the next 10 years of the business cycle.
>
> David Yost, Buyer Supervisor

## What usedby checked

We compared the story with its live page on 2026-10-07.

- Checked: the figure $48k is printed word for word on the page, near the name of Materion.
- Checked: the passage quoted above is copied word for word from the page, near the name of Materion.
- Checked: Materion uses Fairmarkit. Confirmed line. Latest check across sources: 2026-10-07.
- Not checked: the result itself. We quote it; we did not measure it.

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Source: https://www.usedby.ai/case-studies/materion-fairmarkit · How we check: https://www.usedby.ai/methodology
