Alexandria, VA PALO 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.
WorldWide Retail Exchange, LLC. All rights reserved.