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How Snowflake uses Fairmarkit

6.4 days

“Cycle times dropped dramatically, from 25 days to 6.4 days.”

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

What happened

Snowflake's procurement team uses Fairmarkit to automate repetitive sourcing tasks, centralize supplier communications, and run sourcing events with features such as auto-send, auto-award, intake and a scope of work generator. This shifts buyers from tactical work to more strategic activities.

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

  • 31.8%“Autonomous Sourcing: 31.8% of sourcing events now run autonomously through Fairmarkit, up nearly 15x from the previous year.”
  • 5%“Elevated Savings: Improved awarded savings by an additional 5%.”

Record-Low Cycle Times: Cycle times dropped dramatically, from 25 days to 6.4 days.

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

If we're talking about 10 total steps to go through this process, like how do we make that five steps, right? Fairmarkit, the great end user experience…it's really enabling us to provide that extra value and tell the great story of how we can get that Amazon-like experience

Conor Murchison, Director of Strategic Sourcing, Snowflake. Source, 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: 6.4 daysCheckedPrinted word for word on the page, near the name of Snowflake.
  • The passage quoted aboveCheckedCopied word for word from the page, near the name of Snowflake.
  • Snowflake 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.

~1,215 hours“eliminated ~1,215 hours of manual grading per quarter”Snowflake uses Yoodli. Another tool at Snowflake8.5%“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