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National Tools UK Soft Launch

NTUK Technology are pleased to announce the soft launch of National Tools UK, aiming to target the Tools, Plant & Equipment Hire sector worth £9.1bn of the £110bn per year Construction industry. The National Tools UK platform aims to simplify the connection process between End Users and Suppliers in the sector which in turn creates an effcient sourcing method for their End Users and Suppliers benefit from increased enquiries from new and existing customers, all of which are filtered relevant to their product offering.

End Users can submit one enquiry from their account in seconds detailing basic information such as Site Location, Number of Days to hire and Product(s), the technology behind National Tools UK platform then automatically sorts the enquiry and submits it to Supplier dashboards whom service the location provided and the product(s) detailed. Suppliers then submit a quote back in seconds for a streamlined process start to finish.

The platform provides benefits for both End Users and Suppliers.

End User Benefits

  • Reduces lengthy procurement processes
  • Benchmark against a range of supplier quotes to ensure best value
  • Up to date pricing with every quote
  • Efficiently build supply chains when working out of patch
  • Governance and Compliance

Supplier Benefits

  • Provide opportunities for Independents to compete with large Nationals on a level playing field
  • Provide opportunities for Natioanls to reach a larger audience
  • Key reporting features to allow informed decision making on micro and macro levels
  • One dashboard to manage enquiries and quotes
  • Filtered Tools, Plant & Equipment Hire enquiries that are only relevant to your product offering & location(s)

All users benefit from the platform charging no commission fees at any point of the process, the platform charges an account fee each month which is fixed under their Fixed Fee Promise. By using this model it allows End Users and Suppliers the freedom to still create agreements and complete payment direct as to not disrupt their current processes.

At present, the launch of the platform is a soft launch with selected Contractors and Suppliers having access, annual spend from Contractors currently sits at £6,000,000, with Hire divisions from leading retail merchants as early onboarders.

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