Case Study: Atlantic Methanol achieves 14% identified savings and rapid ROI with Fairmarkit

Atlantic Methanol automates procurement process to maximize output with Fairmarkit

Atlantic Methanol (AMPCO) faced procurement strain when COVID-19 reduced its on-site workforce and forced remote operations at its Bioko Island plant in Equatorial Guinea. Commercial and Supply Chain Manager Brian Jackson needed a way to optimize the supply base—especially MRO and tail spend—and deliver cost savings and buyer efficiencies. They selected Fairmarkit’s sourcing platform and recommendation engine to automate bidding and supplier selection.

Fairmarkit implemented the solution in one month and delivered ROI in about six weeks by automating competitive bids, reducing email traffic, and surfacing new supplier opportunities. The platform drove measurable impact for Atlantic Methanol—14% identified savings and 6% awarded savings in the first year—while enabling supplier optimization and allowing the smaller procurement team to maintain output and be repurposed to higher‑value work.

Atlantic Methanol

Brian Jackson

Commercial and Supply Chain Manager