The UK’s largest hospitality company Whitbread has extended its partnership with leading solutions provider Trade Interchange by a further two years after using the firm’s software to improve its procurement and supplier management processes.
The contract extension, which is for a minimum of two years, comes off the back of an successful three years using the technology.
Over the course of the business relationship Trade Interchange is looking provide its Supplier Information Management (SIM), Supplier Contract Management (SCM), and eSourcing solutions (eRFX and eAUC) for brands across the Whitbread portfolio including Costa, Premier Inn, Brewers Fayre and Beefeater.
Mike Edmunds, co-founder and managing director at Trade Interchange, said: “The commitment Whitbread has shown in renewing and extending the use of our supplier management solution is fantastic. This is possibly due to our focus on working in collaboration with our clients and our commitment to providing the best-in-breed supplier relationship management solution within the sector.”
Trade Interchange has developed the ARCUS suite of modules that can operate as standalone solutions or in combination to help organisations manage large numbers of suppliers and contracts by collecting the information they need to know.
Over the three-year relationship Whitbread has increased its use of the ARCUS modules across the business.
Dan Urwin, head of procurement development and operations at Whitbread, added: “Trade Interchange’s ARCUS modules are a key tool in helping us realise efficiencies in terms of cost and time across many departments of our brands.
“The system continues to be essential in aiding our teams manage the complex challenges of allergens, antibiotic use and sustainability whilst helping us to monitor and prevent modern slavery within our supply chain.