The CoVest Sourcing Network, a Group Purchasing Organization(GPO) based in Cleveland, has entered into an agreement with Staples Promotional Products, a division of Staples Advantage, to provide promotional products and related services to its members.
These services include Web-based, in-stock company store programs, special order sourcing and project management, and strategic development and execution of incentive and recognition programs. CoVest members participating in this agreement will receive personalized account management from Staples Promotional Products. Staples Promotional Products will support CoVest member companies to coordinate service, consult with members and their key customers and ensure that program objectives are achieved. Program management will include 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 $166 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 http://www.covestservices.com or email postmaster(at)covestservices(dot)com for more information about CoVest Sourcing Network.
About Staples Advantage
Staples Advantage, the business-to-business division of Staples, Inc. (Nasdaq: SPLS), serves organizations of 20 or more employees up to the Fortune 1000, including global businesses, local, state and federal government, healthcare organizations and educational institutions. The Staples Advantage one source solution includes comprehensive products and services from office supplies, technology and printing to promotional products, furniture and facility supplies. Dedicated to providing organizations with greater cost savings and improved ordering efficiencies, Staples Advantage provides a customized level of account support and best-in-class customer service. More information is available at http://www.staplesadvantage.com/.
