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e-LYNXX Named Top North American Procurement Firm for Third Consecutive Year
Firm's patented technology, best practices and SaaS communications and workflow system make it possible for clients to improve procurement efficiencies and reduce costs for direct mail, marketing, publications, labels, packaging and other print.
“This is an honor that we always welcome because it validates the work that we do for the benefit of our clients,” said William Gindlesperger, chairman and chief executive of e-LYNXX Corporation. “Recognition this year is especially meaningful because it is based on a case study and how we have brought significant value to one of our clients – Matthews, North Carolina-based International Construction Equipment Company.”
ICE® (International Construction Equipment), North America’s largest manufacturer of pile driving and drilling equipment, licenses e-LYNXX’s AVS TechnologyTM and uses e-LYNXX best procurement practices and e-LYNXX’s proprietary SaaS (software as a service) communications and workflow system to improve its print procurement process and reduce its costs for procured print by 42%. Print for ICE includes marketing collateral, direct mail, CD replication, training and parts manuals, instruction sheets, labels, packaging, safety materials and promotional give-away items.
“Our print expenses are spread across the company in departmental and branch location budgets. What seemed inconsequential expenses to us, turned out to be substantial. With the use of e-LYNXX and their services, we are now getting the kind of print procurement assistance we have needed to cut our operational expenses while enabling more cash flow for improved marketing campaigns and still protecting our brand quality,” said P. A. Cunningham, director of marketing for ICE. “To our utter amazement, our print costs have dropped drastically and while improving our quality. Our savings, comparing apples to apples, average 42%.”
With patents awarded by the United States Patent Office in 2002, 2008 and 2010, AVS Technology is a unique procedure that makes it possible for a buyer to establish a database of pre-qualified vendors (in ICE’s case printers) and then have a computer pull from that database only those vendors capable of doing a particular job based on detailed job specifications that had been entered into the computer so the matching could occur. AVS is the acronym for automated vendor selection. A savings of 25% to 50% occurs because, in the competitive bidding environment that is created, vendors drop their pricing to fill what would otherwise be open production time or no work.
“Our goal with this year’s ‘100’ is to put the spotlight on successful and innovative transformation projects that are delivering bottom-line value to small, medium and large enterprises across the different functions that comprise the supply chain,” said Barry Hochfelder, editor of Supply & Demand Chain Executive. “The projects featured in the ‘100’ article can serve as a roadmap for supply chain executives looking for new opportunities to drive improvement in their own operations.”
The Supply & Demand Chain Executive 100, highlighting “100 Great Supply Chain Projects,” will be published in the June issue of the magazine and online at www.SCDExec.com/
About e-LYNXX Corporation
e-LYNXX Corporation patented the technology integral to e-commerce. Endorsed by Educational & Institutional Cooperative Purchasing (E&I) and Printing Industries of America (PIA), e-LYNXX drives results through its three divisions. ● AVS TechnologyTM licenses the patented* automated vendor selection procedure used in e-commerce and procurement systems. ● American Print Management provides web-based system, services and patented AVS TechnologyTM to reduce substantially the procured costs of direct mail, marketing, publications, packaging, labels and other procured print. ● Government Print Management offers effective U.S. GPO bid services and strategies. www.e-
*U. S. Patent No. 6,397,197, Patent No. 7,451,106, post-Bilski Patent No. 7,788,143, and Continuing Application 12/855,423 (collectively, the AVS TechnologyTM)
About International Construction Equipment
In 1974, International Construction Equipment, Inc. (ICE®) established manufacturing and market advanced equipment for the deep foundation industry. The company is now North America’s largest manufacturer of pile driving and drilling equipment. ICE equipment is manufactured in the USA and China and is marketed through ICE’s international organization of company-owned branches and independent distributors. For more information, please visit www.iceuse.com.
About Supply & Demand Chain Executive
Supply & Demand Chain Executive is the executive’s user manual for successful supply and demand chain transformation, utilizing hard-hitting analysis, viewpoints and unbiased case studies to steer executives and supply management professionals through the complicated, yet critical, world of supply and demand chain enablement to gain competitive advantage. On the Web at www.SDCExec.com.