COVEST SOURCING NETWORK
Providing Instant Value Through Sourcing Common Spend

CoVest Sourcing Network is a Group Purchasing Organization originating from A.T. Kearney’s Leveraged Sourcing Network. A robust solution to driving down indirect purchase costs with lower operational costs than other comparable groups. CoVest provides pre-negotiated frame agreements that can be rapidly implemented for immediate savings with minimal cost and a price that leverages the spend of all members. 

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Our sourcing model:

 

 

Steps to membership:

1. Assess Potential Opportunity

Collect spend data and benchmark pricing

Summarize savings opportunity

2. Select CoVest Categories to Adopt

Execute CoVest
membership agreement

Internalize
supplier agreements

3. Execute Member Roll-Out Plan

CoVest provides hands-on support

 

 

Categories
under management:

EMPLOYEE RELATED

Temporary Labor (PDF)

Pre-Employment
Screening

Coffee & Dispenser
Beverages

Recognition Programs

Promotional Items

Uniforms / Mats

Flowers & Gifts

BUSINESS RELATED

IT Hardware

IT Software

Computer Peripherals (PDF)

Office Supplies (PDF)

Conferencing Services (PDF)

FACILITY RELATED

Office Equipment (PDF)

Furniture (PDF)

Lubricants

Bearings & Power
Transmission

Electrical Supplies

Industrial Supplies

Safety Supplies (PDF)

Janitorial Supplies (PDF)

Lab Supplies (PDF)