{"id":764824,"date":"2023-06-20T11:12:15","date_gmt":"2023-06-20T15:12:15","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/cras-dairy-trading-platform-achieves-milestone-of-10-million-metric-tons-transacted\/"},"modified":"2023-06-20T11:12:15","modified_gmt":"2023-06-20T15:12:15","slug":"cras-dairy-trading-platform-achieves-milestone-of-10-million-metric-tons-transacted","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cras-dairy-trading-platform-achieves-milestone-of-10-million-metric-tons-transacted\/","title":{"rendered":"CRA\u2019s Dairy Trading Platform Achieves Milestone of 10 Million Metric Tons Transacted"},"content":{"rendered":"

<\/p>\n

CRA\u2019s Dairy Trading Platform Achieves Milestone of 10 Million Metric Tons Transacted<\/b><\/p>\n

BOSTON–(BUSINESS WIRE<\/a>)–CRA International, Inc.<\/a> (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services<\/a>, today announced that cumulative transactions on its auction-based trading platform for internationally traded dairy products (Global Dairy Trade) have surpassed 10 million metric tons sold with more than $34 billion transacted.<\/p>\n

\n\u201cOur clients rely on CRA to help maximize the value of their assets and products, and to minimize procurement costs,\u201d said Brad Miller<\/a>, CRA\u2019s Vice President and Auctions & Competitive Bidding Practice Leader. \u201cThe success of our innovative trading platforms reflects the experience, expertise, and dedication of our Auctions & Competitive Bidding practice team.\u201d<\/p>\n

\nCRA developed the platform and managed the first trading event in July 2008. Since then, CRA has managed 334 dairy trading events to date. The twice-monthly trading events are conducted using CRA\u2019s Trading System for Efficient Markets (TSEM\u2122), which also is used to conduct smaller dairy auctions in the weeks that larger trading events do not take place.<\/p>\n

\nSince 1995, CRA\u2019s auction and marketplace designs and trading platforms have been used for approximately 1,000 auctions and other competitive bidding processes. The industries served include dairy, fruit, wool, electricity, natural gas, environment, telecommunications, and intellectual property assets. CRA\u2019s TSEM and systems are customizable for a variety of bidding formats, including ascending-price and descending-price clock auctions, simultaneous multiple-round auctions, combinatorial auctions, hybrid auctions, RFPs, and one-shot sealed-bids.<\/p>\n

About CRA International, Inc. and its Auctions & Competitive Bidding Practice<\/b><\/p>\n

\nCRA is a global consulting firm specializing in litigation, regulatory, financial, and management consulting<\/a>. CRA advises clients on economic and financial matters pertaining to litigation and regulatory proceedings, and guides corporations through critical business strategy and performance-related issues. Since 1965, clients have engaged CRA for its unique combination of functional expertise and industry knowledge, and for its objective solutions to complex problems. Headquartered in Boston, CRA has offices throughout the world. Detailed information about Charles River Associates, a registered trade name of CRA International, Inc., is available at www.crai.com<\/a>. Follow us on LinkedIn<\/a>, Twitter<\/a>, and Facebook<\/a>. CRA\u2019s Auctions & Competitive Bidding Practice offers businesses, governments, bidders, and other market participants extensive experience in auction and market design, implementation, monitoring, and participation. More information about CRA\u2019s Auctions & Competitive Bidding Practice is available at www.auctions.crai.com<\/a>.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230620121803\/en\/<\/a><\/span><\/p>\n

\nMedia Relations
\n
Charles River Associates
\n
media@crai.com
\n<\/a>
617-425-3620<\/p>\n

\nNicholas Manganaro
\n
Sharon Merrill Associates, Inc.
\n
crai@investorrelations.com
\n<\/a>
617-542-5300<\/p>\n

KEYWORDS:<\/b> Massachusetts United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Consulting Professional Services Legal<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
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CRA\u2019s Dairy Trading Platform Achieves Milestone of 10 Million Metric Tons Transacted BOSTON–(BUSINESS WIRE)–CRA International, Inc. (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced that cumulative transactions on its auction-based trading platform for internationally traded dairy products (Global Dairy Trade) have surpassed 10 million metric tons sold with more than $34 billion transacted. \u201cOur clients rely on CRA to help maximize the value of their assets and products, and to minimize procurement costs,\u201d said Brad Miller, CRA\u2019s Vice President and Auctions & Competitive Bidding Practice Leader. \u201cThe success of our innovative trading platforms reflects the experience, expertise, and dedication of our Auctions & Competitive Bidding practice team.\u201d CRA developed the platform and managed … <\/p>\n

Continue reading “CRA\u2019s Dairy Trading Platform Achieves Milestone of 10 Million Metric Tons Transacted”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-764824","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nCRA\u2019s Dairy Trading Platform Achieves Milestone of 10 Million Metric Tons Transacted - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cras-dairy-trading-platform-achieves-milestone-of-10-million-metric-tons-transacted\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CRA\u2019s Dairy Trading Platform Achieves Milestone of 10 Million Metric Tons Transacted - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"CRA\u2019s Dairy Trading Platform Achieves Milestone of 10 Million Metric Tons Transacted BOSTON–(BUSINESS WIRE)–CRA International, Inc. (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced that cumulative transactions on its auction-based trading platform for internationally traded dairy products (Global Dairy Trade) have surpassed 10 million metric tons sold with more than $34 billion transacted. \u201cOur clients rely on CRA to help maximize the value of their assets and products, and to minimize procurement costs,\u201d said Brad Miller, CRA\u2019s Vice President and Auctions & Competitive Bidding Practice Leader. \u201cThe success of our innovative trading platforms reflects the experience, expertise, and dedication of our Auctions & Competitive Bidding practice team.\u201d CRA developed the platform and managed … Continue reading "CRA\u2019s Dairy Trading Platform Achieves Milestone of 10 Million Metric Tons Transacted"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/cras-dairy-trading-platform-achieves-milestone-of-10-million-metric-tons-transacted\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-20T15:12:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20230620121803r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cras-dairy-trading-platform-achieves-milestone-of-10-million-metric-tons-transacted\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cras-dairy-trading-platform-achieves-milestone-of-10-million-metric-tons-transacted\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"CRA\u2019s Dairy Trading Platform Achieves Milestone of 10 Million Metric Tons Transacted\",\"datePublished\":\"2023-06-20T15:12:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cras-dairy-trading-platform-achieves-milestone-of-10-million-metric-tons-transacted\\\/\"},\"wordCount\":450,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cras-dairy-trading-platform-achieves-milestone-of-10-million-metric-tons-transacted\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20230620121803r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cras-dairy-trading-platform-achieves-milestone-of-10-million-metric-tons-transacted\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cras-dairy-trading-platform-achieves-milestone-of-10-million-metric-tons-transacted\\\/\",\"name\":\"CRA\u2019s Dairy Trading Platform Achieves Milestone of 10 Million Metric Tons Transacted - 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