About Client:
A large pan-India conglomerate operating across 60 plant locations sought to transform the way PVC manufacturing residue was monetized.
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Challenges Faced:
- Opaque pricing and lack of market benchmarks led to unpredictable, often low revenue realization.
- Limited buyer pool meant subdued competition and stagnant sale rates.
- Manual negotiations and prolonged contract cycles delayed key revenues and tied up resources.
- Value leakage from inefficient offline sales resulted in up to 30% loss of actual scrap market value.
Solution Offered:
- ValueTek’s e-auction platform connected the client to a nationwide network of 15 pre-qualified recyclers and brokers for each lot.
- Transparent, automated bidding enabled fair market price discovery and eliminated hidden discounts.
- Digital workflow automation drastically reduced manual effort and accelerated the scrap sale cycle.
- Data-driven auction analytics enabled optimized reserve prices and strategic sale planning.
Benefits:
Total Auction Lots :
180 lots of PVC residue
Average Bidders Per Lot :
15 buyers
Opening Bid Value :
₹0.78 Crores
Winning Bid Value (H1) :
₹1.38 Crores
Absolute Value Gain :
₹0.60 Crores
Price Appreciation :
76.89%
Process Cycle Time Reduction :
85% faster than manual sales
Over all Savings
for the client:
₹60 Lakhs
Matex Technologies’ platform empowers industrial leaders to unlock strategic value from manufacturing residue, delivering speed, transparency, and maximized revenue through innovative e-auction solutions. Businesses gain trusted compliance and full auditability, ensuring every auctioned lot delivers optimal returns.
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