Award Honors Companies for Supply Chain Excellence; IQNavigator Named to Esteemed List for Sixth Time
DENVER, Colorado – June 25, 2009 – IQNavigator, the premium provider of global services procurement solutions and managed service programs, today announced the company has been named to the esteemed Supply & Demand Chain Executive 100 for the sixth time in its storied history. IQNavigator was recognized for helping customers quickly and easily turn complex services spend into a new source of value, competitive advantage, and continuous bottom-line improvement.
“The 2009 Supply & Demand Chain Executive 100 are supply chain solution and service providers that are helping their customers and clients both respond to the downturn and, more importantly, position themselves for growth ahead,” said Andrew K. Reese, editor of Supply & Demand Chain Executive. “Our goal with the ‘100′ is to highlight a broad range of solutions and services targeted at a variety of industries, addressing the needs of companies of varying sizes, and assisting in the transformation of the diverse mix of the functions that make up the supply chain.”
This award further validates the market momentum IQNavigator has experienced over the past year. Notable successes include IQNavigator’s designation as one of the nation’s most promising 100 private companies by Red Herring, achieving finalist standing in the 2009 American Business Awards for the corporate growth and product/service innovation categories, and CEO John P. Raeder’s finalist status in the prestigious Ernst & Young Entrepreneur of the Year competition for the Rocky Mountain Region. IQNavigator was also recognized by leading industry analyst firm Forrester Research as the best services procurement vendor in 2008.
Additionally, IQNavigator introduced its market-leading Intelligent Managed Service Program (MSP) in 2008 to ensure transparency and alignment with companies’ business goals versus those of suppliers and vendors. The Intelligent MSP has been highly successful in delivering clients the broadest view of savings while empowering quantifiable results-driven decision making to efficiently manage the performance and cost of service suppliers.
“The opportunity for large organizations to gain control of services spending and drive cost savings across business categories and geographies during this uncertain economy is monumental,” said John P. Raeder Jr., president and CEO of IQNavigator. “Enterprises that seize the opportunity now will be extremely well positioned to expand on their momentum and success during the upturn. It’s an honor to be recognized once again by Supply & Demand Chain Executive for the tremendous work we’re doing on behalf of our Global 2000 customers in this capacity.”
Nearly 250 companies submitted for the 2009 Supply & Demand Chain 100. Further details about the award program are listed at www.sdcexec.com.
About IQNavigator
IQNavigator is the leading provider of on-demand services procurement software and managed service programs. The company’s award-winning suite of integrated applications enable Global 2000 companies such as Charles Schwab, Entergy, Northrop Grumman, Schlumberger, Shell and Sony Electronics to gain control and visibility into their large and growing services procurement spending. With proven domain expertise and innovative technology solutions, IQNavigator can help clients quickly and easily turn complex services spend into a new source of value, competitive advantage, and continuous bottom-line improvement. For more information please visit www.iqnavigator.com.
About Supply & Demand Chain Executive
Supply & Demand Chain Executive is the executive’s user manual for successful supply and demand chain transformation, utilizing hard-hitting analysis, viewpoints and unbiased case studies to steer executives and supply management professionals through the complicated, yet critical, world of supply and demand chain enablement to gain competitive advantage. On the Web at www.sdcexec.com.