Education Sector Could Save Millions On ICT Budget With Better Benchmarking

As education ICT budgets continue to be threatened, a simple online IT buyers’ tool is helping establishments to get more from their budgets and ‘buck’ the declining fiscal trend with validated, efficient benchmarking. It is unlocking ongoing technology attainment.

Mercato ITelligence is helping organisations like University College Birminghamand Sunderland University save up to 24% on IT budgets and significant time previously spent benchmarking supplier prices.

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Buyers simply input their preferred supplier product lists or spot checks online for a real-time comparison to current trade guide price and stock levels of more than 150,000 products from over 2,500 manufacturers within the UK IT supply chain.

“Every HE and FE establishment should look at Mercato ITelligence as part of their procurement strategy,”saidAmin Pradhan, Director of Management Information Systems/Assistant Principal, University College Birmingham.

Dave Hartis, IT Services University of Sunderland, adds: “For the first time ever, we have access to 100% validated benchmark prices. Critically, with more intelligent buying we are exceeding objectives to drive better technology into the learning environment at competitive prices.”

“This innovative tool is driving radical efficiency in buying IT and it is enabling us to balance accountability with freedom and trust in our supplier base. These are critical factors in education going forwards.”

With price and stock alerts, management reports and forecasting facilities, Mercato technology offers Chartered Institute of Purchase & Supply (CIPS) accredited ‘procurement excellence’.

Mercato’s Head of Benchmarking, Al Nagar, said: “ICT continues to be critical to the education sector. It is perceived by the government, its agencies and institutions as a main enabler to improve the quality of learning and teaching. However, the juxtaposition of declining budgets is perceived to be hampering further technology attainment.

“However, Mercato ITelligence is fundamentally empowering IT buyers to combat budget declines and actually get more or better ICT for their money fast. Government savings are being achieved alongside technology adoption and maintenance.”