Alexandria, VAPALO ALTO, Calif., Oct. 7, 2003 – HP
(NYSE:HPQ) and the World Wide Retail Exchange (WWRE), the premier
Internet-based business-to-business exchange for retailers and
suppliers, today announced the launch of a new Web-based information
technology procurement site called the “OneStop IT Shop.”
The OneStop IT Shop is a custom, global, online catalog that allows
WWRE members to order HP branded technology, including industry-standard
HP ProLiant servers, monitors, and desktop and notebook PCs. Members
can place orders through the exchange’s hosted procurement
solution or directly to HP.
WWRE members, which include some of the largest retail and manufacturing
companies in the world, receive preferred discounts on HP technology
ordered through the Web site to serve their internal IT needs
.“In today’s tough economic climate, e-business is
the most efficient way to do business. By purchasing IT equipment
through the OneStop IT Shop, retailers can benefit from a streamlined
supply chain and lower processing and purchasing costs,” said
Marius Haas, vice president of worldwide e-business, HP. “These
benefits provide the WWRE member with more efficient and cost-effective
management of their IT needs.”
“Partnering with a market leader like HP demonstrates our
commitment to helping our members and the retail industry on the
whole improve access to some of the most trusted technology in
the marketplace,” said Cathy Rutherford, director of sourcing,
WWRE. “The OneStop IT Shop platform also demonstrates that
HP shares this goal of continually uncovering ways to bring innovation
to the retail industry.”
“The launch of the OneStop IT Shop, with its breadth of
IT products and services in one catalog, is another way HP is helping
retailers increase the efficiency of their operations and lower
the cost of procurement” said Leigh Morrison, vice president,
U.S. Retail Industry Sales and Solutions, HP Enterprise Systems
Group. “HP is committed to delivering solutions that meet
retailers’ most pressing needs, from the largest enterprises
in the world, to small and medium sized businesses, just around
the block.
About the WWRE
Formed in 2000, the WWRE is a private member organization composed of and
driven by leading retailers and suppliers from 23 countries around the
world in sectors ranging from food to general merchandise, drugstore and
textile/home. Designed to facilitate and simplify trading between retailers,
suppliers, partners and distributors, the WWRE currently consists of 64
members from Africa, Asia, Europe, North America and South America with
combined sales of approximately U.S. $900 billion. To date, the WWRE has
saved its members over $1 billion through the use of its solutions. For
more information, visit the website at www.wwre.org or www.worldwideretailexchange.org.
About HP
HP is a technology solutions provider to consumers, businesses
and institutions globally. The company’s offerings span IT
infrastructure, personal computing and access devices, global services
and imaging and printing for consumers, enterprises and small and
medium businesses. For the last four quarters, HP revenue totaled
$71.3 billion. More information about HP is available at www.hp.com.