Probrand believes strongly in continuous innovation to enrich user experience and it is this complete commitment that has been officially recognised with an international mark of success, a Queen's Award for Innovation.
Working with enterprise application provider, Mercato Solutions, we go a long way to continually improve and deliver innovative solutions to support IT buyers' needs.
At the core of www.theITindex.co.uk is large scale data management and eprocurement technology that delivers CIPS accredited 'procurement excellence', which delivers the best prices in the IT marketplace, quickly and with total assurance.
This buy-side comparison technology delivers what is the 'stock market of IT'- an efficient marketplace that responds immediately to news or developments, giving complete visibility into categories, products, specification, pictures, compatibility and stock level within the UK mainline IT supply chain. It facilitates 'price discovery' - fast discovery of better prices - saving you time and money in a 'live' environment.
Working to overcome the challenges of a volatile IT supply chain where price and stock fluctuate radically daily, Mercato Solutions has completely automated the data management process - sourcing, cleansing and enriching raw 'dirty' data from the UK's mainline distribution network. Mercato has given IT supply chain data, integrity. This information is then daily compared and populated within the procurement site, ranking individual supplier prices and stock for every product by best price and stock volume. Competition is created and harnessed - suppliers with in-stock product and best prices secure more business.
www.theITindex.co.uk offers various user-specified 'opt-in' auction facilities, including complex reverse auction capability (known as Mercato Acumen). This automates complex e-auctions as an additional step in reducing ICT price and purchase process. It daily gathers product demand from across the market before pushing that opportunity back out to suppliers at 5pm daily. The technology invites appropriately profiled suppliers to bid price down to win the business. It automates procurement negotiations down to a single unified price before acknowledging the winner and communicating relevant data to a customer's ERP system for PO numbers and financial cross checks. Orders are delivered to the supplier's ERP system by 5:15pm for delivery. Acumen can also be used for forecasting and group purchasing. It drives healthy competition amongst suppliers and best value for buyers.
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