7 Mar 2017 07:00
07 March 2017
blur Group plc
("blur Group", the "Group" or the "Company")
blur engaged with Global Electronics Group for a six figure programme
blur Group plc (AIM:BLUR), the market-leading Indirect Spend Management Platform, today announces it has entered into final negotiations with a global electronics group for a multiple six figure on-boarding programme across three territories. That programme, if successful, could lead to a multi-year, multi-million dollar roll out of blur's Cloud software and managed services.
blur has worked with this group for over a year, working with senior members of their procurement team to define and tailor a programme that seeks to embed the benefits of blur's Indirect Spend Platform in their current business processes. blur expects the negotiations to conclude in the forthcoming weeks.
Philip Letts, blur Group CEO, commented:
"We are delighted to be in negotiations with this major Global brand as it seeks to reduce its Indirect Spend and recognises the combined benefits of blur's Cloud software and managed services.
"Our solution is easy and quick to implement, delivering improved efficiency and transparency to procurement processes.
"We are committed to delivering a successful programme for this client and to deepening our partnership with them in the long term."
For further information, please contact:
blur Group plc investors@blurgroup.com
Tim Allen Tel: +44 (0) 1392 927618
Shaun Dobson/James White N+1 Singer
Tel: +44 (0) 20 7496 3000
Alistair de Kare-Silver/Felicity Winkles Yellow Jersey PR
Tel: +44 (0) 7825 916715
About blur Group plc at blurgroup.com
Since 2010, blur Group has been helping enterprises worldwide eliminate waste and inefficiency in their indirect procurement process through its market leading Indirect Spend Platform & Marketplace. To date businesses, including companies like, Tesco, Danone, Trinity Mirror, and PwC, have used blur's platform to buy goods and services online submitting over $500m of requirements to blur Group's cloud software platform and its 65,000 vetted suppliers.
blur Group is a public company, headquartered in the UK, listed on the London Stock Exchange's AIM market (BLUR) with regional sales offices in the US and Europe.