Monsanto Philippines Inc. recently concluded auctions for direct and indirect requirements through SourcePilipinas.com resulting in savings of up 41 percent form their last purchases. Monsanto Philippines held auctions for computer consumables, office forms, envelopes and other supplies as well as computer equipment, agro-chemicals, wooden pallets and appliances.

Monsanto Philippines is part of the worldwide Monsanto Co., a leading global provider of agricultural products and integrated solutions that brings together chemicals, seeds and biotechnology traits to improve farm productivity and food quality. 

Monsanto Philippines' country director, Juan Ferreira, said that purchases dealt through SourcePilipinas.com have favored their company in more than just cost savings. "Other than the savings, it helped us in reducing administrative work canvassing for potential supplies".

SourcePilipinas.com is a multi-industry B2B horizontal e-marketplace powered by Oracle's latest exchange technologies. SourcePilipinas.com end-to-end involvement cycle enables participants to benefit from simpler and more efficiently procurement processes, wider contact base, quicker processing time, and update catalogue information.