Patrick Russo

Recent Posts

CoVest's 2014 Member Meeting Recap

Posted by Patrick Russo on Oct 14, 2014 10:13:00 AM

Last week, CoVest had its fourth annual member meeting. We were thrilled to host this years meeting in our hometown of Cleveland, Ohio. Other than treating our members to the wonders of Cleveland, the meeting covered a wide range of subjects, ranging from CoVest updates to new supplier advances.

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Leverage: A GPO Supplier Perspective

Posted by Patrick Russo on Oct 6, 2014 10:38:00 AM

As a verb, to leverage means to gain an advantage through the use of a tool. For example, you can more easily lift a heavy object with a lever than you can lift it unaided. That is what is happening in a group purchasing organization (GPO). A company, that uses a GPO as a tool, can be seen as part of a bigger organization and thus gain better pricings, service and terms than it could have on its own.

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Global Manufacturers Broad Indirect Focus - A CoVest Case Study

Posted by Patrick Russo on Sep 29, 2014 1:07:00 PM

Mission: Build a new member's first company-wide category contract. 

The new member is moving from a facility level sourcing focus to a centralized category management approach. They are aiming to decrease the many suppliers they have for each sub-category. 

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Key Characteristics to Group Purchasing Organizations

Posted by Patrick Russo on Apr 23, 2014 1:17:00 PM

Understanding the basic classification and principals of Group Purchasing Organizations is your first step in evaluating if one can provide value for your organization.
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CoVest Member, PlayhouseSquare, Transforming a Neighborhood

Posted by Patrick Russo on Apr 14, 2014 1:52:00 PM

CoVest Member, PlayhouseSquare, is Transforming Euclid Avenue and 14th Street in Downtown Cleveland with the World's Largest Outdoor Chandelier.

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CoVest Suppliers Receive Award for Placement on the Global 100 Sustainability List

Posted by Patrick Russo on Jan 23, 2014 10:26:00 AM

CoVest Sourcing Network congratulates Suncor/Petro-Canada and Staples Inc. for there achievement in being among the top 100 Global companies corporate sustainability and social responsibility.

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CoVest Sourcing Network moves into new office, announces newest member

Posted by Patrick Russo on Nov 22, 2013 2:23:00 PM

We have moved! Our new offices are located at 1100 Superior Avenue East, Suite 1220, Cleveland, OH 44114. If you are located in Cleveland, or your travels bring you to our city, please call to arrange a meeting to discuss how CoVest can benefit your company.

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CoVest Sourcing Network adds new members

Posted by Patrick Russo on Oct 10, 2013 3:31:00 PM

CoVest Sourcing Network is proud to announce the addition of four new member companies.

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CoVest and Staples Advantage Extend Contract

Posted by Patrick Russo on Mar 19, 2013 10:44:00 AM

 

The CoVest/Staples global office products contract extends best-in-class pricing to all CoVest members for office supplies, facilities/janitorial items, promotional items, print, computer peripherals and furniture.

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CoVest Sourcing Network adds new members

Posted by Patrick Russo on Mar 1, 2013 1:50:00 PM

CoVest Sourcing Network is proud to announce the addition of four new member companies.

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