Jarvis Hotels signs innovative deal with iTradeNetwork to take a combination of both purchasing services and online ordering systems
Stokenchurch, UK – December 7th, 2009
Jarvis Hotels has signed a new contract with iTradeNetwork, Inc. (ITN), the leading global provider of on-demand supply chain management and intelligence solutions, to provide both a set of purchasing services and online ordering for their estate. Jarvis Hotels operates over 40 Ramada branded hotels throughout the UK and employs over 3000 people, and has used iTradeNetwork’s purchasing expertise for the past six years to help manage the majority of their food suppliers. The new contract extends the service to include the provision of an iTradeNetwork Operator Portal enabling hotels to do business with their suppliers online.
|
"The combination of using iTradeNetwork’s purchasing services and their ordering portal allows the hotels the freedom to purchase from a set of centrally approved suppliers whilst ensuring they only receive the best negotiated terms. I expect this additional visibility and control to improve supplier service performance, the hotels’ adherence to brand standards, and the overall commercial terms with our suppliers." - Debbie Walter, F&B and Purchasing Director at Jarvis |
The iTradeNetwork online transaction system uses advanced technology created specifically for the hospitality sector to help head office manage compliance, better control their purchasing and reduce administrative overheads. Meanwhile, the individual hotels will benefit from improved visibility, better communication and the convenience of 24/7 ordering.
Jarvis Hotels has also renewed their commitment to iTradeNetwork's Dynamic Procurement System (DPS). This is a unique online negotiation tool where participating suppliers bid against centrally controlled specifications. This results in the most competitive food commodity pricing in UK hospitality today. Debbie Walter comments: "The use of the DPS allows the hotel chefs to choose between fresh suppliers each week. This keeps suppliers keen, prices down and chefs happy too! And I know we have the best fresh prices in the market every week."
Liam Taylor, COO at ITN, said: "We are delighted that Jarvis Hotels has chosen ITN for both purchasing services and the complementary transactional offering as well. They have recognised that by combining purchasing expertise and more powerful technology, they can sustain quality, improve service levels and drive business efficiencies, so reducing direct and indirect costs."
About Jarvis Hotels:
With its headquarters based in High Wycombe, Buckinghamshire, Jarvis Hotels Ltd is the largest franchisee in the UK of the Ramada brand. Catering to a wide array of business and leisure guests, it owns and operates 42 properties within the UK. The portfolio spans from Scotland to the South Coast with a key presence in all major city locations and leisure hot spots.
Aiming to provide international standards and consistency throughout its portfolio, the company continues with an aggressive development strategy designed to maximise the profitability of their existing assets, as well as laying the foundations for the future potential of the Ramada brand in the UK.
About iTradeNetwork, Inc.
iTradeNetwork, Inc. is the leading global provider of on-demand supply chain management and intelligence solutions to the retail, hospitality and foodservice industries. Built upon deep industry expertise, a rich data foundation and our industries' most extensive trading partner network, ITN's collaborative solutions allow distributors, manufacturers, operators, retailers, suppliers and wholesalers of all sizes to reduce cost, grow revenue and strengthen trading partner relationships. Today, ITN's growing customer list includes over 5,500 global companies. For more information, visit: www.itradenetwork.com
Contact us
To find out what we can do for your business, contact your nearest office by clicking here.
