Case Study: McCarthy & Stone saves over £7m with Xchanging’s MM4 eSourcing

Mccarthy & Stone Delivering Transformational Change

McCarthy & Stone, the UK’s largest developer of privately owned retirement property, needed a better way to control rising construction costs and manage procurement, which had previously been handled locally and on a project-by-project basis. With no prior experience of eSourcing or eAuctions, the company wanted greater visibility, control, and confidence that it was securing the best prices across its spend.

Xchanging implemented its MM4 eSourcing platform, combining eSourcing, market intelligence, and procurement support to centralise sourcing and run negotiations more effectively. In just 8 months, Xchanging helped McCarthy & Stone run 25 eAuctions across more than £31 million of spend and generate over £7 million in savings, improving contract compliance and strengthening the company’s procurement function.

McCarthy & Stone

Laura Hobbs

Head of Procurement