15%
“15% new cost savings from implementing Fairmarkit”
As published on fairmarkit.com. Captured by usedby on Oct 7, 2026.
What happened
Maxar uses Fairmarkit to run sourcing events for a wide range of items from many suppliers, replacing a manual process. The platform centralizes purchase data and gives visibility into sourcing event duration, supplier bidding, and where spend goes.
Summary written by usedby from the source page, in English. The figures are those of Fairmarkit and Maxar, not ours.
- $22M“$22M in new spend brought under management”
Using Fairmarkit has resulted in more competition for each sourcing event, which Macfarlane says “saves an incredible amount of time and delivers real savings.”
At our fingertips we now have a wealth of knowledge—how long it takes when buyers send out RFQs, when companies are responding and how long it takes to complete a purchase; this knowledge vastly improves the procurement process and provides us will the ability not only to react tactically, but also to use that information strategically,
What the story claims, and what we checked
We compared the story with its live page on Oct 7, 2026.
- The figure: 15%CheckedPrinted word for word on the page, near the name of Maxar.
- The passage quoted aboveCheckedCopied word for word from the page, near the name of Maxar.
- Maxar uses FairmarkitCheckedConfirmed line. Latest check across sources: Oct 7, 2026.
- The result itselfNot checkedWe quote it; we did not measure it.




