Supply & Demand Chain Executive Names IQNavigator to List of Top 100 Providers for Third Consecutive Year
DENVER, Colorado, July 13, 2005 -- IQNavigator, Inc., the leading provider of services procurement and optimization solutions, today announced its inclusion in the 2005 Supply & Demand Chain Executive 100 for the third year in a row. The 2005 listing identifies the top supply chain solution vendors providing solutions and services for enabling supply chain transformation. This year's “100” providers were evaluated based on the implementation of successful technology and/or services initiatives that addressed and solved pain points in the supply and demand chain, resulting in a substantial return on investment.
IQNavigator was recognized this year for the implementation of its IQNavigator6 solution at a large financial institution based in New York. The solution has helped the company streamline and automate processes for the sourcing, procuring, delivering, and invoicing of all contingent workers to reduce costs and increase the enterprise's bottom line with an average savings of approximately 15 percent in less than a year.
"The Supply & Demand Chain Executive 100 is one way in which our magazine tries to help readers navigate the complex landscape of supply and demand chain solutions and service providers," explained Andrew Reese, editor of Supply & Demand Chain Executive magazine.
"The '100' list of companies is designed to showcase providers that have completed successful and innovative real-life supply chain implementations, and give our readers a starting place when looking for solutions to their own supply chain pain points."
"We are honored that IQNavigator has been named to the list of Supply and Demand Chain 100 for the third consecutive year," said John P. Raeder, Jr. president and CEO of IQNavigator, Inc. "Award winners are chosen due to the bottom-line results and successes of their customers. Receiving this award is a testament to our ongoing market leadership in services procurement and optimization, confirming the strong benefits organizations are achieving with our solutions."
The 2005 program is the fourth-annual listing of the Supply & Demand Chain Executive 100. Companies featured on the list will appear in the magazine's June/July issue and on the Web at www.SDCExec.com.
About Supply & Demand Chain Executive
Supply & Demand Chain Executive is the executive's user manual for successful supply chain transformation, utilizing hard-hitting analysis, viewpoints and unbiased case studies to steer supply and demand chain management professionals through the complicated, yet critical, world of supply and demand chain management as competitive advantage. On the Web at www.SDCExec.com
About IQNavigator
Founded in 1999, IQNavigator provides services procurement and optimization solutions to Fortune 500 companies such as Shell, Northrop Grumman, Sony Electronics, Schlumberger and Alcatel. The company's award- winning suite of integrated applications enables companies to increase profitability by reducing and controlling costs for all types of outside services spending worldwide. IQNavigator has a successful track record for delivering a compelling and fast return on investment, as well as adaptable process control, enterprise-wide financial analysis and enhanced performance. The company is recognized as an industry pioneer and offers deep domain expertise in key market segments such as financial services, energy, healthcare, manufacturing and aerospace/defense. IQNavigator is headquartered in Denver, Colorado, and is found on the Web at www.iqnavigator.com.
