Leading business magazine presents annual listing of innovative supply and demand chain vendors.
Willow Grove, PA (RWEB) July 26, 2006 -– Supply & Demand Chain Executive Magazine, the executive's user manual for successful supply and demand chain transformation, this week announced that Source One Management Services was selected for inclusion in the fifth-annual listing of the Supply & Demand Chain Executive 100 in its June/July 2006 issue.
The Executive 100 is a list of supply chain solution providers, consultants and other organizations that are helping lead the way in transforming companies' supply and demand chains.
Source One (www.sourceoneinc.com) has been at the forefront of supply chain transformation and enablement for the past 15 years assisting companies in strategic sourcing as a Procurement Service Provider. “During our history we have developed subject matter expertise and sourced over one hundred categories. Recently we have made online Sourcing and RFP tools available to everyone with the release of the Free RFP web tool www.WhyAbe.com”, said Steven Belli, CEO of Source One.
This past January, Source One sponsored the Aberdeen Group report, Strategic Sourcing in the Mid-Market Benchmark: The Echo Boom in Supply Management. This report identified that most mid-size enterprises lack disciplined sourcing practices, category expertise, and spending power to negotiate and maintain competitive supply chains. Aberdeen estimated that such deficiencies are costing mid-size firms in the U.S. $134 billion a year in missed supply savings opportunities.
The Aberdeen report identified the best practices being utilized by the best in class companies. Source One and WhyAbe.com have the capabilities and resources to assist companies in achieving best in class status,” said Tim Minahan, Aberdeen Senior Vice President.
About Source One Management Services, LLC
Source One is a Procurement Service Provider that has been assisting companies with their strategic sourcing requirements for 15 years. Engagements with Source One may include spend consolidation, assistance with statements of work, identification of alternate suppliers, market and supply research, RFP management, price and terms negotiations, and contract recommendations. A small sampling of the categories that Source One has successfully sourced include: Advertising, Benefits, Chemicals, Direct Materials, Freight, Hardware, Insurance, Material Handling, MRO, Packaging, Small Parcel, Software, Telecommunications, Travel, Treasury Services, Uniforms, & Utilities. Clients average 18% savings across all product and service categories. In order to best service their clients, Source One provides flexible fee options for their consulting services. Clients can choose between contingency (gain sharing) based, fee for service or a hybrid. For more information, visit www.SourceOneInc.com or call 215-902-0200.
About WhyAbe.com
WhyAbe.com is an on-demand web sourcing tool and free commerce site that can be used by any organization or individual in any industry. WhyAbe allows buyers to post their specifications in a RFP / RFQ format and invite suppliers to provide quotes. Buyers have the ability to communicate with multiple suppliers at once and view all responses in the WhyAbe dashboard. Registering and using most e-sourcing platforms require a large ramp-up period and/or a large deployment budget. With these platforms, the cost of rollout can often mitigate any cost savings opportunities. WhyAbe’s quote tracking system assists companies reach compliance with Sarbanes Oxley. Obtaining value from WhyAbe is instant. There is no software to install or PC’s to configure. A computer equipped with the latest version of Internet Explorer or Firefox provides immediate access to the comprehensive and user friendly tool. WhyAbe provides a free download of the Firefox software on its homepage. WhyAbe is available immediately for free on the web @ www.WhyAbe.com.
For additional information, contact:
Steven Belli
Chief Executive Officer
Source One Management Services, LLC
724 Fitzwatertown Road
Willow Grove, PA 19090
Phone: 267-913-6264
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