COMPONENTS SCOOP TOP UK AWARD FOR ONLINE INVESTMENT
Limited was today (November 11) crowned the winner of The E-Business
Strategy of the Year Award as part of the prestigious The National
Business Awards 2003.
Limited beat off stiff competition and received their 'business
Oscar' before an audience of more than 1,200 business leaders and
VIPs at London's Grosvenor House Hotel.
based RS Components is a leading supplier of industrial products
and has a range of over 300,000 product lines. Traditionally the
business operated through a mail order catalogue to a vast customer
base. However, the online world offered a new direction and the
chance to develop a world-class system to benefit not only the company
and employees but customers too.
act local' has been a strategy adopted by many but few have delivered.
RS Components have developed a global solution, which is tailored
to each market, supporting not on language variations but currencies
too. It is a customised e-procurement tool called PurchasingManager
that is provided free of charge to customers, thus avoiding the
high entry cost that is normally associated with such facilities.
The system was
developed in the UK and rolled out to over 70 countries across the
world. It has enabled RS Components to reduce the cost of purchasing
for its customers, which has created an E-Business facility with
real value-add and the ability to be the most cost-effective supplier
in the market.
up for The E-Business Strategy of the Year Award were: Avon Cosmetics,
www.house.co.uk, BT plc and TM Property Service Limited
the National Business Awards with 24 different categories being
awarded in all.
There were over
1900 nominations for this year's event, created by the publishing
and events company Quest Media to recognise and reward commercial
success, innovation and ethics in the UK business community.
Business Awards engages FTSE 100s and blue chip companies together
with new ventures and SMEs.