i-Buy provides many of the custom features of an expensive e-procurement system - but at zero cost. Customers self-serve their own requirements; set user spend levels, create workflows and configure purchase approval structures to reflect the company set-up and organisation. In addition, functionality enables customers to add custom field labels to capture additional data and create multiple budgets that are aligned to associated internal projects.
With its advanced reporting capabilities, it allows customers to easily download reports at line level detail to provide total transparency of spend and enable better informed buying decisions to be made. Customer efficiency is improved and purchasing time saved by eliminating the need for much paperwork, ultimately allowing goods to be received faster. Simple and easy to access, users just log on to the Farnell website as usual and place orders.
Farnell is a high service, low volume distributor of electronic, electrical, industrial and maintenance, repair and operations (MRO) products. Combined with the added functionality of the latest version of the Farnell website, i-Buy provides a tailored system with easy access to over 330,000 products, same day despatch, real-time stock availability and assistance with thousands of alternative items, says the company.
Commenting on the launch of i-Buy, Farnell's André Gallé, head of e-commerce for Europe & Asia Pacific, said: “This new system will prove invaluable to our customers, making their jobs easier by providing a powerful tool by which to manage and control their purchases with Farnell. The potential efficiency gains and simplification of the purchase process will benefit business owners, buyers / purchasing managers and electronic design engineers alike.”
