Source One Management Services, LLC Awarded 2010 Supply & Demand Chain Executive 100

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Source One has been awarded the Supply and Demand Chain Magazine's Executive 100 award for the fifth consecutive year. This year, SDCE focused its evaluation criteria on "Supply Chain: Back to Basics and Beyond - In Search of the Roots of Supply Chain Excellence." Source One has been recognized for its innovative solutions in strategic sourcing consulting for larger organizations, free e-sourcing tools and self-service solutions for smaller businesses.

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We are excited to have been recognized as an Executive 100 for the fifth consecutive year. Source One has strived to offer creative, low-risk solutions to help clients weather the recession and become market leaders as the economy recovers.

For the fifth consecutive year, Source One Management Services, LLC has been awarded the Supply & Demand Chain Executive 100. Supply & Demand Chain Executive, a leading business magazine and the executive’s user manual for successful supply and demand chain transformation, features its ninth-annual listing of innovative supply and demand chain vendors as the magazine’s cover story in its May/June 2010 issue.

SDCE focused its “100” feature on the theme “Supply Chain: Back to Basics and Beyond - In Search of the Roots of Supply Chain Excellence.” This year’s “100” list recognizes supply chain solution providers, consultants, and other organizations that are leading the way in assisting the Supply Chain function and helping executives attain supply chain excellence and prepare for post-recessionary return to growth.

“As the economy makes tentative steps toward recovery and growth, our readers are turning to Supply & Demand Chain Executive to learn about solutions and best practices for enabling business expansion through supply chain excellence,” said Andrew K. Reese, editor of Supply & Demand Chain Executive. “With this year's Supply & Demand Chain Executive 100, we highlight a broad range of supply chain solution and service providers that are helping to position their customers for the ‘New Normal’ economic environment.” "We are excited to have been recognized as an Executive 100 for the fifth consecutive year. Source One has strived to offer creative, low-risk solutions to help clients weather the recession and become market leaders in the economy recovers", says William Dorn, Director Operations as Source One.

Source One and all other applicants were evaluated based on submitted case studies that illustrated how they were able to leverage their own as well as their customers’ technologies, people, and resources to meet the challenges and risks as the economy rebounds. Source One’s submission detailed recent efforts performed for both healthcare and educational institutes. Source One provided a multitude of innovative solutions for various clients in just about every industry last year. More specifically, one of the nation’s largest hospital companies, with over 100 locations, engaged Source One to assist in lowering costs for its telecommunications network. Through this engagement, Source One recognized the opportunity to implement a mixture of best-in-class strategies. The hospital system was understaffed and overworked as a result of the recent economic downturn, and lacked the in-house resources in both its procurement and Information Technology departments to adequately manage its communications infrastructure.

Source One was able to assist the organization in producing over 35% savings by utilizing a blend of its unique offerings. The client’s smaller, decentralized offices were able to benefit from MasterNegotiator.com, which provides pre-negotiated contracts and services with leading national suppliers, by jumping onto lower cost telephone service and rates than what they would have been able to negotiate on their own with very small spend volumes. WhyAbe.com, the web’s first and only free e-sourcing and contract management tool, was used for its reverse auction capabilities in order to produce 40% savings in network implementation services. Additionally, Source One’s core business, its customized strategic sourcing and spend management consulting services, were able to assist the client through leveraging national and state tariffs, implementing negotiation tactics and new technologies, and performing auditing services to produce long-term ongoing savings. In total, the organization is saving over one million dollars annually while never investing a single dollar upfront for work performed.

About Source One Management Services, LLC

Source One has been delivering creative solutions and driving cost savings opportunities for its clients for over 18 years. Source One’s offering of a wide variety of low-risk and low-cost solutions are suitable to serve any company in any industry. With free e-sourcing and contract management tools at WhyAbe.com, self service pre-negotiated contracts on MasterNegotiator.com, and full service strategic sourcing solutions, Source One helps companies position themselves for growth as the economy recovers.

For more information, visit http://www.SourceOneInc.com or call 215-902-0200.
Source One can also be followed via its blog at http://www.StrategicSourceror.com,
on Twitter at Twitter.com/GetSavings
as well as Facebook at Source One Management Services, LLC.

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