SOURCE Inc. Awarded Federal Supply Schedule Contract.Business Editors & High Tech Writers DALLAS--(BUSINESS WIRE)--Aug. 1, 2001 First Schedule of its Kind for Recertified Telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. Equipment and Services SOURCE, Inc., the nation's leading telecommunications equipment remarketer, announced today it has been awarded its own GSA (1) (Global mobile Suppliers Association, Sawbridgeworth, U.K., www.gsacom.com) A membership organization of suppliers of GSM products and services. Its goal is to promote GSM as the worldwide mobile communications standard. See GSM Association and GSM. Federal Supply Schedule contract from the General Services Administration The General Services Administration (GSA) was established by section 101 of the Federal Property and Administrative Services Act of 1949 (40 U.S.C.A. § 751). The GSA sets policy for and manages government property and records. of the U.S. Government. Also known as a GSA Multiple Awards Schedule Contract, the SOURCE schedule contract is the only one that includes recertified telecommunications equipment in the nation. The schedule allows any Federal Agency to easily buy recertified telecommunications equipment, repair services, and installation from SOURCE without engaging in full and open competition. Federal agencies can now order equipment and services from SOURCE by simply issuing a purchase order that references the schedule contract number. The award simplifies the ordering process for agencies by eliminating the requirement to advertise or to request solicitations from other providers for service or product procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. . Awarded July 16, 2001, contract No.GS-35F-0499L includes catalog catalog, descriptive list, on cards or in a book, of the contents of a library. Assurbanipal's library at Nineveh was cataloged on shelves of slate. The first known subject catalog was compiled by Callimachus at the Alexandrian Library in the 3d cent. B.C. pricing for recertified Avaya, Nortel, Siemens/Rolm, NEC (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98). NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd. and many other manufacturer lines. Over 2,500 part numbers from all different product lines are included, with additional items to be added to the contract as available. Contract prices will be available on the GSA Advantage shopping system at http://www.gsaadvantage.gov hosted by the General Services Administration of the U.S. Government. Bernard Rohde, Vice President and Chief Financial Officer for SOURCE, anticipates that significant revenue opportunities will stem from the award. "Our team has worked extremely hard to set up this contract with the U.S. Government," stated Rohde. "Now that it is in place, we can offer the different agencies an easy way to buy quality service and recycled product for their telecommunications infrastructure." "Our recertified products are fully tested and returned to like-new condition and are backed by the SOURCE Quality Assurance Guarantee," continued Rohde. "This unique guarantee says that in the event of any problem with a SOURCE component, SOURCE will respond with a replacement, shipped pre-paid, by air. This warranty is good 365 days from the date of purchase. Our serialized bar-code system allows us to apply a unique SOURCE serial bar code to every part in our system so both our customers and we know whether their part is still in warranty. Customers can check this data by via the Internet, or by a direct phone call to SOURCE." Chief Executive Officer David C. Potter founded SOURCE, Inc. in 1971. He saw an untouched opportunity in reconditioning and recycling recycling, the process of recovering and reusing waste products—from household use, manufacturing, agriculture, and business—and thereby reducing their burden on the environment. outgrown and surplus telecommunications equipment. Over the years, SOURCE has grown to offer new equipment (Avaya Diamond Dealer), repair and exchange, technical assistance, disaster recovery, asset management and consignment The delivery of goods to a carrier to be shipped to a designated person for sale. A Bailment of goods for sale. A consignment is an arrangement resulting from a contract in which one person, the consignor, either ships or entrusts goods to another, the program equipment, system reconfiguration, and equipment valuation to fully support their customers. SOURCE's unique system combining processes and information tracking with serialized bar-coding to form a fully digital information logistics Information logistics, as a section of information management, deals with the flow of information within an organizational unit. The primary goal is the optimization of the availability and cycle time of information. process has allowed SOURCE to expand and obtain logistics management Logistics Management is that part of Supply Chain Management that plans, implements, and controls the efficient, effective, forward, and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to meet contracts with major companies. Services under these contracts include managing their field service maintenance spare inventories from a central location while providing usage and inventory on hand reporting at every step of the process. The company has expanded from six employees and $1.5 million in revenue in 1982 to today's 200 employees and more than $46 million in revenue. For additional information regarding Source's GSA award, contact brohde@source.com. Additional information about the Company may be found on the web at www.source.com. |
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