MARKIT OPERATIONS DURING COVID-19 CRISIS

The disruptive, and sometimes devastating, impact Covid-19 is having on our families, businesses and the communities in which we live could not have been predicted in full, but it is time to face the facts and stand up for each other and be part of the solution.

At Markit, we are helping our clients succeed in dealing with the IT procurement issues they are facing right now.

We can also help you if you find yourself in a similar situation.

MARKIT IS PART OF THE SOLUTION

Our slogan “Take the Chasing Out of IT Purchasing” has never been more relevant. Many companies around the world are facing IT equipment shortages which are hampering their efforts to maintain and develop various critical projects and on top of that, the rising demand for remote working and collaborative communications equipment is pressurising the IT supply chain.

Markit is uniquely positioned to help companies and governments in the 34 countries where we have operations and local language teams working flat out.

In the Markit IT catalogue you can see real time data showing stock availability in your country and still purchase with fast local or cross-border deliveries to either your main business addresses or by distributed delivery to remote “home offices”.

Markit is unique in this capacity and our world class IT purchasing solution, combined with unrivaled stock levels, is currently face a surge in demand from international corporations and government departments - who have the full support from our team of 134 people.

MARKIT SYSTEMS ARE SCALABLE, SECURE AND SAFE

Markit started working remotely one day after the pandemic announcement by World Health Organization (WHO). All meetings with colleagues, partners and clients are held through video or telephone conferencing.

As a global e-commerce company using home working and online collaboration processes, tools and systems is nothing new for us. We are not experiencing any significant productivity or client response issues.

Our IT infrastructure security and marketplace capacity are designed to handle massive spikes in web traffic and orders. We are currently seeing 200-300% increases in some markets.

Account managers and our client support team are on standby, working overtime, to handle local language enquiries in 34 countries.

Business risk management and continuity plans have been agreed and implemented.

All business travel and marketing plans have been suspended to divert resources to client services.

HOW CAN WE HELP YOU WITH YOUR IT SOURCING & PROCUREMENT CHALLENGES RIGHT NOW?

Markit’s IT hardware and accessory marketplace and IT e-procurement system is integrated with 300+ of the world’s leading IT distributors and offer clients a unique set of sourcing and buying functions.

Through Markit you can, in real time, find and buy almost every available IT product in 34 countries.

That ability remains, despite Covid-19. Our stock levels of most IT hardware and accessories are high.

Real time stock level and price data for 3 million unique IT products
Real time stock levels of in-demand products in most countries (portable computers, headsets, printers, cables, routers and so on.)
Cross border deliveries possible in Europe when stocks are unavailable in your country.
Distributed delivery to home offices if required and also multiple delivery addresses within one order.
Data and information transparency is the cornerstone of Markit.
Price maintenance – we are not adding to our prices to capitalise on the situation.
Climate change was the big topic before Covid 19 hit. We’d like to remind you that Markit offers eco-filtering options so you can continue to search, find and buy from a range of 25,000+ eco-rated IT products.

THE IT SUPPLY CHAIN IS IMPROVING BUT VIGILANCE IS REQUIRED

From the supply side we have promising information from our partners – the world’s largest IT distributors are expecting for the shipments of IT equipment to keep arriving at their warehouses. Though the pace can be slower than normal - work is resuming at many Chinese manufacturing plants.

There could be some external delays with RMA processes or courier delivery services. We are dealing with these on a case by case basis, and are not currently witnessing or predicting any major problems.

Follow us on LinkedIn and Twitter for important updates and alerts.

SUMMARY

The Markit IT marketplace makes it easy to use, to find, compare and buy your IT devices. Automated real-time systems are purring in the background and whilst there is a lack of some products in some countries, there can be availability internationally. Through Markit you can source and receive products across borders quickly and easily. 9500 companies in 34 countries including 20%+ of the Forbes 2000 use Markit to buy their IT hardware and accessories, so let us please assure you though that we are doing everything we can to help you succeed in these troubling times.

View recent Markit Success Stories.

As we Markiteers say, “All for one and one for all” – it’s time to help each other succeed.

Best regards
Your Markit Team