UK leading food, home products and clothing retailer, Marks &Spencer plc, has adopted Probrands on-line IT procurement portal, theitindex.co.uk, following a trial period that saw the solution demonstrate its time savingq ualities and business efficiency benefits.
theitindex.co.uk, which is believed to be Europe's largest IT procurement portal is powered by Mercato and daily lists over 100,000 IT product lines from 1200 manufacturers by best price and availability within a secure on-lineP rivate Procurement Hub. The e-procurement solution is the first of its type to be accredited by the Institute of Chartered Accountants in England & Wales.
Marks & Spencer conducted a trial of theitindex.co.uk after hearing about the solutions ability to help organisations procure IT products through a more efficient process, eliminating the need for numerous supplier phone calls to ascertain best price and availability of IT products.
The trial period demonstrated the power of the solution and Marks &S pencer intends to use the product for some of its IT Procurement.
Tony Griffiths, IT Procurement Manager, Marks & Spencer, explains: "It is important that we continue to adopt innovative methods of working to help take us forward as a business.
"At a first glance, theitindex.co.uk appeared to offer us a highly evolved IT procurement tool providing information on almost any IT product within the UK mainline distribution channel. Making it an efficient use of time and resources."
Steve Bushell, Group Head of New Business Development at Probrand providers of theitindex.co.uk, said: "Like many dynamic organisations, Marks & Spencer has adopted our solution as part of a tool suite for buying to deliver enhanced business benefits through improved efficiency.
Bushell conitnues: "The Mercato powered solution is saving businesses ana verage of one day a week in man hours as well as delivering greater levels of IT spend visibility. This is why procurement professionals and financial directors alike continue to turn on our solution."
This latest news falls on the back of Probrand's landmark listing on theO GCbuying.soluions' CATALIST framework, which sees six suppliers share a contract estimated to be worth 2.5BN. The award winning theitindex.co.ukr ecently clocked up a landmark 1.1M turnover month.
The IT Index has more than quadrupled in size since its launch in 2002