CoVest and Nestle Waters Sign Bottled and Filtered Water Agreement

Posted by Patrick Russo on Jul 9, 2012 10:35:00 AM

The CoVest Sourcing Network, a Group Purchasing Organization (GPO) based in Cleveland, has entered into an agreement with Nestle Waters to provide small bottle, five gallon jug, filtered water system and coffee brewer services to its members.

CoVest members participating in this agreement will receive personalized account management from Nestle Waters. Nestle Waters will assign a Key Customer Manager to coordinate service, set-up an appropriate delivery schedule and service process for individual members. The Key Customer Manger will handle all aspects of the account management including customized billing and periodic product usage/spend reporting. These services are provided to CoVest members at highly competitive rates based on the large combined spend of its member companies.

About CoVest Sourcing Network

CoVest Sourcing Network is a Group Purchasing Organization. CoVest provides pre-negotiated agreements, for a company’s indirect goods and services, which can be rapidly implemented for immediate savings. The CoVest business model is to aid a consortium of large corporations in driving down costs of purchased materials and services through the CoVest Sourcing Network (CSN). It also serves as a cost containment resource through the deployment of highly experienced operational consultants.

CoVest leverages the spend of member companies on a variety of indirect materials and services categories to provide members access to best-in-class pricing and value. The premise that CoVest is built on is providing members with an option to source their indirect categories that provides more attractive pricing, is easy to execute and frees up their staff to focus on more difficult strategic categories. The current members have a total annual revenue of over $160 billion and average over $7 billion. Future expansion of indirect categories is driven by the needs of member firms and is decided at periodic member meetings. There are no upfront costs, long term commitments or investments required to join CSN.

Visit or email postmaster(at)covestservices(dot)com for more information about CoVest Sourcing Network.

About Nestle Waters

Nestle Waters North America delivers America’s favorite bottled water brands. Nestle Waters offers new gallon bottles that are environmentally friendly and energy star rated water coolers. They also offer point-of-use filtration systems that provide pure water at one low monthly rate. Their filtration technicians are factory trained and certified. In addition to drinking water services, Nestle Waters offers a complete office coffee service including gourmet and national brand coffees as well as a large assortment of other items.

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Topics: Category News

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