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.

  • A leading manufacturer, marketer and distributor of branded ready-to-eat cereals in the United States and Canada.
  • A leading provider of diverse products and services to the worldwide commercial aviation and government/defense industries.
  • A global merchandiser of commodities, a major asset owner and a processor of agricultural goods.
  • A manufacturer and marketer of high-quality foods and simple meals, including soup and sauces, snacks and healthy beverages.

These new members have a combined annual revenue of over $65 billion.

CoVest Sourcing Network provides pre-negotiated agreements for indirect goods and services, yielding immediate savings. More than 20 large corporations rely on CoVest to drive down costs by leveraging the spend of member companies, providing best-in-class pricing and value. Current members’ annual revenue totals more than $245 billion and averages more than $7 billion. Expansion of indirect categories is driven by the needs of member firms and decided at periodic member meetings. No upfront costs, long-term commitments or investments are required to join the network.

For more information on Membership to CoVest Sourcing Network visit www.covest.com.

Topics: New Member Announcements, CoVest Member News

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