THE CUMBRIA INDUSTRIAL CATALOGUE
An E-Commerce Solution for Cumbria
There are well over 25 major buyers
and some 150 suppliers within the existing industrial supply chain in Cumbria. Over the
years, a healthy multi-million pound revenue stream has developed between these companies.
However, this business is showing signs of shrinkage, as buyers increasingly move towards
bundling and internet procurement. Now a unique opportunity exists for local businesses.
The Cumbria Industrial Catalogue will
be a new vehicle for creating and retaining wealth within the County. As an Internet based
e-commerce facility, it will connect the county’s major industrial buyers with local
suppliers of approved goods and services. Supplier’s inventory will be presented on
line and buyers will have powerful tools for selecting, requisitioning and controlling
purchases. Buyer companies can opt to receive a single monthly invoice and settle
automatically via the internet. Cumbria Industrial Catalogue’s unique characteristics
are:
a) a fully operational procurement system from item selection, requisitioning, authorising, ordering, delivery and payment.
b) it acts a single source supplier providing the buyer with a consolidated invoice and single payment for all purchases thereby minimising otherwise costly transactional costs.
c) the sophisticated reporting system gives real time vendor performance measures allowing purchasers to select not simply on price but on most recent delivery and quality performance.
d) in identifying products there where there are alternative suppliers the relative prices will be displayed. This will facilitate the otherwise costly tendering process.
e) the CIC will facilitate consolidation and streamlining of distribution & delivery.