ICG Commerce Launches Web Conference Series on Procurement Outsourcing
ICG Commerce Executives, Customers and Industry Experts Share Experiences and Insights On How to Increase Procurement Control and Results
PHILADELPHIA - Tuesday, June 13, 2006 - ICG Commerce, a leading procurement services provider,
announced today the launch of a new Web Conference series focused on procurement outsourcing.
During this series, ICG Commerce and the company's customers will be joined by
select industry experts to demonstrate how outsourcing enables procurement executives to
achieve greater control and value from their spend.
"Procurement organizations are constantly evaluating how they can add more value to their
companies. Procurement outsourcing is becoming recognized as a strategy that enables
organizations to expand their resources and experience base in order to improve and accelerate
performance against their objectives," said Kristen Knouft, vice president of marketing and
organizational development at ICG Commerce. "Each key note speaker in the 2006 series will
share insights and experiences with procurement outsourcing, as well as the different approaches
companies have used to drive results."
In the recently published IDC Procurement BPO Forecast, Shruti Yadav, analyst for BPO
Services at IDC observes, "Procurement BPO is quickly coming into its own as one of the fastest-
growing horizontal opportunities within the global BPO market, and has become accepted as a
strategic business tool to help companies achieve competitive positioning and growth objectives."
Ms. Yadav will present findings from this report during the first Web Conference, taking place on
June 15, 2006.
The 2006 series features well-known industry experts and practitioners who will present the
following topics:
How Procurement Outsourcing Can Help You to Increase Control and Improve Effectiveness
Guest Speaker: Shruti Yadav, IDC
Date: June 15 at 1 pm ET
Strategies for Successful Procurement Outsourcing
Guest Speaker: Rick Saia, Aberdeen Research
Date: July 26 at 1 pm ET
How Leading Companies Are Effectively Leveraging Procurement Outsourcing
Guests: Customer Panel
Date: December 7 at 1 pm ET
Participants may register for these events here.
Through this web conference series, ICG Commerce will address a number of challenges
confronting procurement leaders today, including:
- Optimizing the value of their spend
- Gaining greater control of overall spend while maintaining focus on core, strategic
categories
- Rapidly and cost effectively meeting cost reduction mandates
- Achieving high levels of compliance and end-user satisfaction
"As an increasing number of companies are actively evaluating procurement outsourcing, they are
looking to understand and learn from market leaders and experts," said Ms. Knouft. "Our Web
Conference series brings their experience and insights directly to other procurement organizations
that are considering undertaking outsourcing initiatives."
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About ICG Commerce, Inc.
ICG Commerce (www.icgcommerce.com) is a leading Procurement Services Provider exclusively
focused on helping companies buy more effectively and efficiently in order to reduce costs significantly
and continuously. The company offers an unmatched combination of process and category expertise,
market insights and benchmarks and a world-class operational Buying Center to deliver Sourcing and
Procurement Outsourcing Services. ICG Commerce Inc., a privately held company founded in 1992, is a
member of Internet Capital Group's (Nasdaq: ICGE) network of partner companies. For four consecutive
years, ICG Commerce has been as a Forbes Best of the Web: B2B honoree, and the company also has had
multiple executives recognized in Supply & Demand Chain Executive magazine's annual "Pros to Know"
listing.
Contacts:
Kristen Knouft
ICG Commerce
484-690-5000
kknouft@icgcommerce.com
Casy Jones
Ruder Finn
312-329-3976
jonesc@ruderfinn.com
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