Avaya and ICG Commerce's Procurement Outsourcing Relationship Named Finalist in Outsourcing Center's Prestigious 2005 Awards
Monday, April 25, 2005
Relationship Recognized as Model for Optimal Customer/Provider Collaboration Due to Its Overall Success with Regard to Cost Savings and Business Process Excellence PHILADELPHIA - Monday, April 25, 2005
- ICG Commerce, a leading procurement services provider, today announced that its relationship with global communications leader Avaya Inc. (NYSE: AV), has been named a finalist in the Outsourcing Center's 2005 Outsourcing Excellence Awards. Sponsored in part by Everest Group and Forbes, the annual awards program evaluates nominated buyer and service provider outsourcing relationships and publicly honors the seven most outstanding in the world. This year's judging panel recognized the Avaya/ICG Commerce relationship as a finalist based on its ongoing, dynamic interaction and overall relationship aspects.
The Avaya/ICG Commerce relationship focuses on driving efficiencies and cost savings across a majority of Avaya's indirect buying categories. ICG Commerce provides a comprehensive infrastructure of technology, category experts and process specialists to manage a broad spectrum of procurement processes including strategic sourcing, savings implementation, purchase-to-pay transaction processing, and on-going category management. Through this expansive approach, including the implementation and ongoing management of optimal supplier contracts, ICG Commerce and Avaya drive meaningful and measurable savings on Avaya's purchased goods and services.
"We are very pleased to see that the Outsourcing Center has recognized the value being generated through the Avaya/ICG Commerce outsourcing partnership," said Jason Gilroy, vice president of Procurement Outsourcing
for ICG Commerce. "This recognition is indicative of the experience that both companies' have in outsourcing procurement, the operating environment, which ensures ongoing measurement and communication, and the companies' joint commitment to success."
The winners of the Outsourcing Excellence Award will be honored at an "Oscars of Outsourcing" ceremony at the Sourcing Interest Group's spring conference in May, as well as recognized in future issues of Forbes and Outsourcing Journal. For more information about the awards program, please visit www.outsourcing-awards.com
Avaya Inc. (www.avaya.com
) designs, builds and manages communications networks for more than 1 million businesses worldwide, including 90 percent of the FORTUNE 500®. Focused on businesses large to small, Avaya is a world leader in secure and reliable Internet Protocol (IP) telephony systems and communications software applications and services. Driving the convergence of voice and data communications with business applications - and distinguished by comprehensive worldwide services - Avaya helps customers leverage existing and new networks to achieve superior business results.
About ICG Commerce, Inc.
ICG Commerce is the leading procurement outsourcing
specialist delivering comprehensive source-to-pay services. Results-driven leaders access ICG Commerce's experienced resources and market intelligence to better manage procurement and logistics spend, gaining significant savings and enhanced visibility and control.
ICG Commerce is a privately held company founded in 1992 and a member of Internet Capital Group's (Nasdaq: ICGE) network of partner companies. The company has earned recognition from Forbes, Fortune, The International Association of Outsourcing Professionals (IAOP) and leading industry analysts for its leadership in procurement outsourcing. For more information: www.icgcommerce.com
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