COMEX
Comex Procurement · since 2016

We are productivity
and growth
specialists.

R0saved for our clients since 2016, to the rand
288
sourcing events
804
suppliers on the platform
14.8%
average auction saving

The opportunities are there.

Whether they sit in revenue growth or in productivity efficiencies.

Why us?

A state of the art online trading platform

Built by buyers, running live competitive events since 2016.

Multiple functionality on one system

Reverse and forward e-auctions. RFP, RFQ and RFI. Line-item BOQ comparison. Vendor self-service portal. Compliance blocking. Live group chat. Auto-extend. Scoring, adjudication and a full audit trail.

We know where to look

We have already run your categories, so nothing starts from scratch.

288 sourcing events since 2016

Across retail, wholesale, security, ports, rail and insurance.

804 suppliers on the platform

1,020 named people. We have never charged one of them a cent to bid.

60 years of retail and wholesale experience

R347.5 million saved, at an average of 14.8% per auction.

References

What clients wrote.

Comex Procurement has proven to be a capable, responsive, and innovative partner. We have full confidence in their ability to deliver value-driven procurement technology solutions and are pleased to recommend them for similar initiatives.Transnet · Group Procurement
The level of service to date has been excellent.Pick n Pay · October 2023

Confirmed in writing that the platform cut certain costs by over 12% across eleven events.

Fidelity Services Group · May 2021

Full letters available on request.

Categories

R347.5m achieved on the
highlighted categories.

72 of these 95 categories have run on the platform. Search yours.

Where the money was

Ten categories,
R301 million.

86.5% of the savings came from just these ten.

Fuel and fleet R110.9m
Retail commodities R33.4m
Recyclables R28.3m
DC equipment R26.6m
General merchandise R23.3m
Electrical inventory R22.8m
IT infrastructure R17.4m
Corporate clothing R16.8m
Non-edible groceries R11.4m
Chemicals R9.8m

2016 to 2026. Fuel and fleet includes rebate improvement and contract value as well as unit price. Recyclables is revenue recovered on forward sales, not cost removed.

Cumulative, 2016 to 2026
R347.5m
Peripheral opportunities

Small categories.
Large percentages.

Fleet towing services 54.3% R6.68m
Stationery display books 42.0% R1.39m
Cleaning and sanitising chemicals 36.5% R8.73m
Vehicle parts 32.1% R7.69m
Store waste, sold forward 22.4% R12.39m
Cooler boxes 21.3% R1.36m
Camp chairs 14.1% R0.9m
Bakery cake boxes 6.8% R0.4m

R28.3 million of increased revenue on recyclables and materials.

Real completed events. Store waste is a forward sale, so the client earned rather than saved.

2026

Events we ran this year.

Reverse auction

Store hardware refresh

Eight lines of store and office hardware, bid live by national IT suppliers.

R7.1m saved · 27%
RFP with live demos

Finance system replacement

Shortlisted vendors demonstrated their systems live to the finance team before scoring.

RFP

Cloud services

A tender for cloud hosting and services, open to the major cloud providers.

Forward auction

Store waste

Recyclable material sold to the highest bidder, so the client earns rather than spends.

R1.04m earned · 7.7%

All run for our clients in 2026.

12 February 2024 · A real event, replayed
live reverse auction14:00
Me
You may start bidding on each line. Good luck
14.00 · Read
Me
hi all, please remember to bid per bale or box of 100
14.02 · Read
Me
not per bag
14.02 · Read
Me
Please don't leave bidding to last minute, in case of bandwidth issues
14.21 · Read
420
bids, each time stamped
R3.28m
saved over the following year
3rd
ranked bidder was awarded
Fuel

Put your fuel spend
to live auction.

Fuel runs on its own marketplace, FuelBid. Suppliers bid your rebate up in a live auction, and the majors bid alongside the independents.

YOUR FUEL SPENDAt auction15 suppliers ready to bid
fuelbid.co.za →

Logos belong to their owners and are shown to identify them only. FuelBid is independent and not connected to any of them. Which suppliers bid depends on where your sites are.

What we are building

AI built into
the platform.

Each buyer gets a team of AI Operatives that do the work around a tender. The buyer approves every step. The aim is for one buyer to do the work of a whole procurement team, with ten years of sourcing experience built into the tools.

Vendor documents

Reads each vendor submission as it arrives and flags missing or expired documents.

Contract clauses

Flags clauses that put the client at risk and suggests protective wording.

RFQ packs and letters

Drafts the RFQ pack, vendor briefs and award letters from the buyer's own files.

Vendor tracking

Tracks every vendor through NDAs, briefings and submissions.

Event timeline

Builds the timeline from emails and meetings, and reminds each person as dates approach.

Fuel card data

Reads each month's fuel card file and shows where the fleet paid more than it needed to.

Most of these run as working prototypes today. Client file intake and fuel card analysis are the first two modules being built into the platform. Client data stays in South Africa. A Comex project manager is available on request for setup, advice or a full event.

Where we come in

Four situations
we are asked into.

“We are behind on our savings number.”

You were given a figure in January and it is August. We build the pipeline that adds up to it, category by category, and run the events.

“The CFO asked whether we are paying market and I could not answer.”

We benchmark one category properly and give you an answer either way, with the working attached.

“There is a supplier nobody has ever tested.”

Twelve years, good service, and no one has checked the price since. We test it without touching the relationship. Often the incumbent wins, and cheaper.

“We have more tenders queued than people to run them.”

We run the ones your team cannot get to. Priced by the event, not by the month.

Who you are dealing with

Owen Lee Naidoo

Founder and Managing Director

Fifteen years buying, at SAFEX, Makro, Masscash, Massmart and on global sourcing for Walmart. Then ten years building the thing he wished he had while he was buying. He runs the events, decodes the data, and writes the reports clients take to their boards.

owen@comex.co.za

Derick Kalan

Commercial Director

Twenty nine years at Makro, ending as General Merchandise Director, with twelve consecutive years of double digit growth. He built the private label division behind Campmaster, Gardenmaster, Woodland, 1stValue, Mastercraft and American Cola. Then six years running General Merchandise at Pick n Pay.

His teams used e-auctions at Massmart and Comex at Pick n Pay, with great results.

dk@comex.co.za
The next step

Pick one category.

Name a single line of spend. We will look at it against the 288 events we have already run, tell you honestly whether an auction would find anything, and say so if it would not.

Owen Lee Naidoo

Founder and Managing Director

Derick Kalan

Commercial Director
COMEX PROCUREMENT (PTY) LTD · REG 2017/464526/07 · LEVEL 1 B-BBEE · 50% BLACK FEMALE OWNED · 135% PROCUREMENT RECOGNITION
EVENT FIGURES ARE AGGREGATED. CLIENTS ARE NAMED ONLY WHERE THEY GAVE A REFERENCE. · FUELBID