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Radwell launches punchout portal for European customers

31 May 2024

RADWELL INTERNATIONAL has introduced a punchout portal system in Europe, enabling eligible customers to connect their internal purchasing management systems with Radwell’s vast database of over 35 million spare parts.

Already used by Radwell’s key customers in the USA for a number of years, the punchout portal integrates with Radwell’s SNAP (Strategic National Account Partner) programme, which provides customers with a dedicated account manager and various other features to enable a comprehensive partnership approach to spares management and sourcing.

Eligible customers can use the portal to link their own procurement systems, including SAP Ariba, Corcentric, Coupa, EqualLevel, Taulia, Oracle and others, directly into Radwell’s inventory software, which will become a practical extension of their internal systems.

"The Radwell Strategic National Account Partner program was created because Radwell recognised the need to help our national accounts source the spares and repairs services they need as quickly and efficiently as possible," said Radwell national accounts manager Stephen Yates.

"Dedicated account managers work cooperatively with programme partners, acting as a guardian of the strategic customer relationship, orchestrating the deployment of corporate-wide resources to provide comprehensive products, services, and solutions to the strategic account.

"Partners on the SNAP program can realise savings of up to 75% compared to conventional supply chain alternatives and we assist in driving down costs while enhancing effectiveness and output.

"The punchout portal, now available to customers in Europe, takes that one step further, enabling partners to connect Radwell IT directly with their own eProcurement system," he continued.

"In terms of user experience, it’s like extending customers’ own warehousing and stock management systems into our own, one of the most comprehensive systems of its type in the world. The system is now available to our SNAP customers across the UK and Europe."

Radwell International is now Europe’s biggest providers of new and used surplus, industrial and electronic control equipment, specialising in hard-to-source parts, with over 2,000 employees across 80 sites worldwide.

As an authorised distributor for over 350 manufacturers with a comprehensive database of over 35 million spare parts and technology-enabled distribution, the company is a leading global provider of maintenance, repair and operations products, focused on the repair solutions aftermarket for critical components including inverters, DC drives, HMIs, PLCs, motors and control equipment.

"Sectors we work with include vehicle manufacturers, chemical plants, food processing facilities, local authorities, government agencies, bakeries, power plants, amusement parks, exporters, plastic moulding and extruders, steel plants and a long list of other business sectors," Yates stated.

"The size and scale of our inventory now puts us in an unrivalled position for the provision of spare parts and repairs solutions in stressful breakdown situations, and introducing this new punchout system for our customers in Europe takes that to another level."

www.radwell.co.uk

 
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