The UK retailer has enlisted the support of property management platform iSite to digitally transform its growing national property portfolio.
The technology will provide Co-op with a single view of its property activity, while connecting staff, supply chain and stakeholders. It will also help to drive efficiencies and planning.
A big part of iSite’s software is a business intelligence and analytics engine, which will allow the Co-op property team to model different scenarios and harness detailed insights. This roll-out comes as the retailer shifts to an agile way-of-working.
Using the software, Co-op has already been able to bring together 1,600 stakeholders, deliver 1,600 projects and make 1.1 million document uploads throughout its investment programmes.
Steve Saunders, head of programme management office at Co-op Group Property, said his team needed a solution that wouldn’t treat different aspects of its property as mutually exclusive. He said: “We know that changing one thing can impact another and iSite gives us that enhanced visibility. This unique ability means we can avoid unseen costs and, crucially, use hard data to demonstrate how changes to our property estate will be beneficial to the wider Co-op business.”
Co-op is not the only major retail brand using the iSite platform. Last year, Tesco invested in the technology to accelerate the way it delivers programmes, projects and capital maintenance across its property portfolio.