e-LYNXX Corporation receives 2010 Green Supply Chain Award
Tuesday, November 09, 2010
Press release from the issuing company
Chambersburg, PA – e-LYNXX Corporation has been honored with a 2010 Green Supply Chain Award from Supply & Demand Chain Executive magazine.
"In addition to companies that are making green or sustainability a core part of their supply chain strategy, we recognized providers of supply chain solutions and services, like e-LYNXX, that are assisting their customers in achieving measurable sustainability goals with environmentally friendly practices," said Andrew K. Reese, editor of Supply & Demand Chain Executive. A complete list of recipients is published in the magazine's November/December issue.
"We are very pleased to be singled out for the benefits that we provide buyers of customized goods and services. Our Automated Vendor Selection (AVS) TechnologyTM is unique in its ability to match buyers with prequalified vendors that embrace green practices," said William Gindlesperger, chief executive officer of e-LYNXX Corporation. "This occurs when computers using the AVS TechnologyTM automatically match vendors in the buyer's database of prequalified vendors with the buyer's job specifications. If the job specs call for only green suppliers to be considered for competitive bidding, that is what will occur."
Additionally, Gindlesperger said e-LYNXX's process provides the buyer with total transparency, reduced costs of 25% to 50%, and a web-based communications and workflow system that records every action taken from the start of a project to its completion. The savings occur because a competitive bidding environment is created in which the prequalified vendors identify production gaps and lower their pricing to fill those gaps.
e-LYNXX's clients today represent most business segments including the heavy equipment construction, building materials, parcel delivery, utility, computer hardware, retail, grocery, health care, finance, resale distributor and association sectors. Gindlesperger said their cost reduction for procured print averages 42% with a return on investment of 282% and no upfront costs for adopting the e-LYNXX process. e-LYNXX's American Print Management division specializes in working with print buyers. Its Patented Procurement Method division works with organizations that want to license the Automated Vendor Selection (AVS) Technology.
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