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Early Stage East Venture Confrence - Friday, June 11, 2010

We will be attending the Early Stage East Venture Confrence on June 16 , 2010 where we'll be presenting our products!

 
NEPA Newspaper Announcement - Thursday, May 13, 2010

NEPA Newspaper announces that eVendor Check has been awarded a $100,000 Ben Franklin grant!

 
Participated in the NJTC Venture Conference - Friday, April 09, 2010

eVendor Check was invited and has participated in the NJTC Venture Conference which gave us the opportunity to show our product/service to members of the investment community. These members include corporate business development & licensing officers, professional service providers, incubator managers, technology transfer managers and possible future potential partners. We are glad to announce that we have been approached by investors who are very interested in what we have to offer.

 
Press Release - Friday, April 02, 2010

Hawley firm wins “$100,000 Ben Franklin Award”
Hawley, March 31, 2010
eVendor Check has been awarded $100,000 by Ben Franklin Technology Partners of NEPA for further internet technology development. eVendor Check,  which was founded by Hawley Entrepreneur Doug LaPasta , features an automated internet based system, which uses customer input, to assess a supplier candidate company’s strengths and weaknesses or the risks of a current supplier’s failing to perform.

“We help solve a global problem of great and growing proportions said LaPasta, and I’m pleased to be building Evendor Check right here in Hawley. We plan to add about 20 good paying technical and professional jobs over the next three years and to locate our headquarters to the new Silk Mill complex.”
“Five years ago, I started Skill Survey, another successful internet company in Hawley. But we had to go outside of the area for capital because there were not enough Northeast Pennsylvania investors. Unfortunately the Venture Capitalists who invested over $4M in Skill Survey,  required the company to be moved to Philadelphia, where it now employs 22 professionals with a payroll of nearly $3MM, Not one job stayed in Hawley.”
“With eVendor Check, I mean to change that; the jobs will be here and this Ben Franklin award gives us a great head start. “  
According to Kenneth O’Krepkie, Assistant Regional  Manager for Ben Franklin Technology Partners of NEPA.”Ben Franklin is proud to welcome eVendor Check into its portfolio. Serial entrepreneur Doug LaPasta has assembled an excellent management team. 
Their innovative product provides  procurement officers with a tool that quickly and easily collects and quantifies reference information on suppliers. Receiving national attention, the product has been endorsed by the Institute for Supply Management as one of their member benefits for their 40,000 members. I look forward to eVendor Check’s continued success.”
 
Announcement - Wednesday, March 03, 2010

NEW Partnership with National Rural Electric Cooperative Association

eVendor Check is proud to announce a partnership/discount relationship agreement with the NRECA! This will give NRECA's nearly 100,000 members a substantial discount on all eVendor Check services.

 
Quotes - Thursday, February 18, 2010

People in the field say...

"There is no more powerful or effective way to measure a supplier's ability to provide service than to ask a supplier's customers."

Everest Group, "Reference Checking in Seven Easy Steps"

 "While references are routinely requested from vendors bidding on a project, using them effectively requires planning, shrewdness, and perseverance."

John Cox, "Vendor Vetting," Network World

"For a typical enterprise, it takes an increase of $5 in sales to equal the impact of a $1 reduction in procurement costs."

Aberdeen Group

"A good PSP [procurement services provider] will have access to the latest web-based e-tools, use a center-led procurement model, be driven by operating metrics, and have tools and processes in place to closely monitor compliance."

Michael Lamoureux, "Procurement Outsourcing"

 
Supply Chain Newsbites - Wednesday, February 18, 2009

SC Digest

Why do companies change out incumbent third party logistics providers?
Top 5 reasons for ending 3PL relationships:

  1. Poor Service
  2. Cost creep
  3. Ineffecient management by 3PL
  4. Hidden costs
  5. Relationship management issues
 

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