CIPS News


CIPS and PRGX working together on a sustainable procurement index

CIPS 18 April 2013

The Chartered Institute of Purchasing & Supply, the global institute for procurement professionals have been working with PRGX Global, Inc. (Nasdaq: PRGX), the world’s leading provider of recovery audit services and the pioneer in Profit Discovery, to deliver an innovative, on-line, sustainable procurement index.

The Chartered Institute of Purchasing & Supply, the global institute for procurement professionals have been working with PRGX Global, Inc. (Nasdaq: PRGX), the world’s leading provider of recovery audit services and the pioneer in Profit Discovery, to deliver an innovative, on-line, sustainable procurement index.

The CIPS Sustainability Index, launched on April 17th 2013 at the Sustainable Purchasing and Supply Summit, is a joint initiative of PRGX UK, CIPS and the University of the West of England. Founded on academic research, input from a panel of industry leaders and best practice guidance from CIPS, the Sustainability Index provides buyers with an independent rating of their supplier’s organisational sustainability credentials.

The Index is designed to simplify buyers’ internal processes and replace lengthy questionnaires with tailored and relevant questions. Extending the scope from purely environmental sustainability, the Index includes economic and social dimensions thereby offering a detailed, rounded view of suppliers. With much of the world focused upon accountability and traceability of goods, it is even more important to ensure that suppliers are fully aligned to sustainability objectives.  For more information, visit the Index homepage at www.cips-sustainabilityindex.com.

By connecting buyers and suppliers, via an on-line network comprising standardised sustainability metrics, the CIPS Sustainability Index will increase collaboration and transparency across the purchasing community. David Noble, CEO of CIPS said “We are delighted to add PRGX to our partnership base.  We believe that their expertise and experience in the procurement arena will be of great benefit to our members and procurement industry alike. This is an excellent product to add to our portfolio supporting good procurement and supply practice in all sectors.”

“We are delighted to be continuing our support of CIPS and extending our alliance in this new, exciting and innovative platform” Romil Bahl, PRGX president and CEO said.

“The platform is a truly independent network developed to ensure impartial, credible data for today’s buying teams” confirmed Sajid Ghani, Managing Director of Business Analytics at PRGX. 

About PRGX Global, Inc.
Headquartered in Atlanta, Georgia, PRGX Global, Inc. is the world’s leading provider of recovery audit services. With approximately 1,500 employees, the company operates and serves clients in more than 30 countries and provides its services to over 75% of the top 30 global retailers. PRGX is also pioneering Profit Discovery™, a unique combination of audit, analytics and advisory services that improves client financial performance. For additional information, please visit PRGX at http://www.prgx.com.

For more information please contact:
PRGX Global, Inc.
Alexandra Gobbi, Vice President, Marketing and Communications
+1 770 779 3253 +1 770 779 3253 FREE
Fax: +1 770 779 3195
alexandra.gobbi@prgx.com
600 Galleria Parkway, Suite 100
Atlanta, GA 30339
USA

CIPS

Trudy Salandiak, MCIPR, Dip CIPR, Public Relations Manager

T +44 1780 761576  

trudy.salandiak@cips.org

Easton House, Easton on the Hill,

Stamford, Lincolnshire, PE9 3NZ, UK

 

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