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Procurian Receives 2012 Green Supply Chain Award From Supply & Demand Chain Executive

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PHILADELPHIA, Nov. 27, 2012 (GLOBE NEWSWIRE) -- Leading comprehensive procurement solutions provider Procurian, formerly ICG Commerce, today announced that it has received the 2012 Green Supply Chain Award from Supply & Demand Chain Executive Magazine.

The 2012 Green Supply Chain Awards recognize companies making green or sustainability a core part of their supply chain strategy, and are working to achieve measurable sustainability goals within their own operations and/or supply chains, in the areas of Sourcing/Procurement, Fulfillment/Logistics, Operations, Product Lifecycle Management, and other areas of the supply chain. The awards also recognize providers of supply chain solutions and services assisting their customers in achieving measurable sustainability goals. Submissions were judged based on the clarity and content of the goals and strategy (30 percent), the extent of the steps being taken (30 percent), the impact of the results to date and projected results (30 percent), and the form and presentation of the information submitted (10 percent).

"Procurian is proud to be recognized for the achievement of the important goals this award represents and we thank Supply & Demand Chain Executive for this award," said Chad Gottesman, head of Procurian Energy and chief sustainability officer for Procurian. "Furthermore, we continue to be impressed by the commitment demonstrated by our clients to transform procurement to deliver continuous cost innovations while simultaneously supporting strategic objectives like sustainability. Mirroring this commitment, Procurian relentlessly strives to deepen and broaden its expertise in the domain of sustainability, and we look forward to continued success in helping our clients set and attain sustainability goals across their respective organizations."

Procurian's Sustainability Solution is delivered through its Specialized Procurement InfrastructureTM, which provides its clients access to all the components necessary to optimize indirect spend on a global basis, including a dedicated team of specialists with deep category expertise, real-time market intelligence, comprehensive processes and a sophisticated set of proprietary tools and technology. Procurian helps clients meet their sustainability goals by implementing new and innovative ways to achieve cost savings targets while making sustainably sound purchasing decisions by:

  • Proactively managing energy costs and optimizing savings opportunities through our specialized energy management solutions.
  • Identifying opportunities to leverage workforce grants to fund transferable skill training
  • Supporting diversity objectives by selecting suppliers in accordance with company social sustainability goals

Procurian recently significantly enhanced its Sustainability Solution with the acquisition of Utilities Analyses, Inc. (UAI), creating a complete end-to-end energy management practice, Procurian Energy, that not only helps clients maximize and sustain cost reduction opportunities but also achieve sustainability goals.

About Procurian, Inc.

Procurian – formerly known as ICG Commerce – is the leading specialist in comprehensive procurement solutions. Forward-thinking business leaders partner with Procurian to transform procurement and drive sustainable changes to their cost structures. Global industry leaders, including Kimberly-Clark, Hertz, Symantec, Timken and Whirlpool, have chosen Procurian to accelerate this transformation. Procurian's built-out Specialized Procurement Infrastructure™ integrates with businesses to optimize spending and deliver real savings that equal a margin point or more. Procurian is an ICG (Nasdaq:ICGE) company. For more information, visit www.procurian.com.

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CONTACT: Media Contact Kristy Kennedy rbb PR Kristy.Kennedy@rbbpr.com 305-448-5839

Source:Procurian, Inc