The T3 meets the specific needs of customers and sales representatives of local banners. It provides a detailed explanation of best practices for lowering TCO and highlights the most commonly used. It allows Rexel employees to submit detailed cost savings with only a few clicks of the mouse and allows customers to validate these cost savings, which can then be implemented and reported.
· Stock reduction: when Rexel guarantees next-day delivery, many items no longer need to be stored by the customer, thus saving on capital and temporary storage costs.
· EDI solutions (Electronic Data Interchange) to ensure close communication between our ERP systems: this reduces manual data input and resource costs associated as well as human error which can be costly.
· Electronic Catalogue solutions, Punch-Out, Energy Efficiency and product substitution are other areas of savings All the above initiatives can bring substantial savings, this can be a game changer for our clients.
A solution implemented on a global scale In addition to the USA, the T3 tool was implemented in 8 European countries in 2014. In late 2014, it will be implemented in Canada and South East Asian Countries. The TCO Tracking Tool has been especially well received by Rexel’s customers (more than 200 already logged in) and sales teams. Available online, user-friendly and configurable, the T3 is already a true commercial success. Ultimately it should emphasize several million Euros of savings for customers and constitute a true competitive advantage for Rexel.