Science & Technology
Science and Technology
Science and Technology
Mon, January 26, 2009 ICG Commerce: ICG Commerce Receives Top Rankings by Clients in 2008 Global Outsourcing Survey
PHILADELPHIA, PA--(Marketwire - January 26, 2009) - Procurement outsourcing specialist ICG Commerce today announced that, based on the results of customer feedback, it has been ranked #1 by The Black Book of Outsourcing in the area of End-to-End Procurement. Additionally, the company has been named on Black Book's 2008 "50 Best Managed Global Outsourcing Vendors" list, which was published in The Wall Street Journal. These rankings are a testament to ICG Commerce's procurement outsourcing focus, depth of expertise and proven experience in helping companies deliver significant hard-dollar cost reductions across non-core expenditures. ICG Commerce customers include Fortune 1000 companies such as Kimberly-Clark, Goodyear, Hertz, Cameron and many others.
Brown-Wilson Group surveys outsourcing users and C-level officers to gain a buy-side decision maker perspective on the global services industry. ICG Commerce emerged as the #1 End-to-End Procurement Outsourcing Provider and one of the Top 50 overall outsourcing providers among over 4,200 companies providing outsourcing services across various business disciplines and locations. ICG Commerce placed in the highest ten percent of all firms judged in each survey area based solely on the collective client feedback.
ICG Commerce's recognition as the #1 End-to-End Procurement Outsourcing Provider by Black Book is driven by the company's commitment to service excellence and proven ability to help executives gain greater control over indirect purchases, which is evidenced by the company's portfolio of strong customer references and unmatched contract renewal rate.
Procurement outsourcing is a growing trend among leading companies that are looking to drive meaningful bottom line cost improvements, which are increasingly critical given current economic conditions. In recent weeks, ICG Commerce has signed a number of new contracts with Global 1000 companies looking for opportunities to generate cost savings and drive margin improvement.
"Recognition from our customers is the highest honor we can receive," said Carl Guarino, CEO of ICG Commerce. "This acknowledgement reflects our commitment to building strong partnerships with our customers that have a meaningful impact on their financial performance."
About Brown-Wilson Group
Brown-Wilson Group's research mission is to offer balanced, objective and unbiased results to help organizations maximize significance, increase speed-to-results, and mitigate risk in outsourcing/sourcing initiatives. Brown-Wilson Group, based in Clearwater FL USA, measures their own success via clients' ability to achieve and sustain significant improvements in their outsourcing decisions from aligning customer experience research and strategies that stand the test of time.
About ICG Commerce
ICG Commerce ([ www.icgcommerce.com ]) 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 (
