U.S. Postal Service Rolls Out Innovative Contract With Boise Cascade; Will Save Millions on Purchase of Office Products.SAN FRANCISCO--(BUSINESS WIRE)--Feb. 24, 1998--The United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. Postal Service postal service, arrangements made by a government for the transmission of letters, packages, and periodicals, and for related services. Early courier systems for government use were organized in the Persian Empire under Cyrus, in the Roman Empire, and in medieval is rolling out a new multi-million dollar contract with Boise Cascade.This innovative contract, which will save the USPS (1) (Uninterruptible Switching Power Supply) A power supply for a computer that contains its own battery and uninterruptible power supply (UPS) circuitry. See power supply and UPS. millions of dollars, covers the purchase of 200 office products that the Postal Service most frequently orders. Through this contract the Postal Service is able to leverage competitive pricing with fast delivery and complete and accurate orders. The contract includes a commitment from Boise Cascade for a 99 percent fill rate, so backorders should be virtually eliminated. The contract also guarantees a commitment from Boise Cascade to keep the Postal Service compliant with the regulatory mandate to purchase a certain number of products from the National Industries for the Blind and National Industries for the Severely Handicapped. Much of the savings from this contract will come from buying directly from the supplier without going through the Government Services Administration (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. ), thus avoiding its mark-up. Other savings come from using the volume buying power Buying Power The money an investor has available to buy securities. In a margin account, the buying power is the total cash held in the brokerage account plus maximum margin available. Also referred to as "Excess Equity. of the Postal Service and a guarantee of up to a 60 percent discount on all its products from Boise Cascade. This contract is also environmentally friendly. The Postal Service will be buying recycled paper, and all charges for purchased products will be electronically invoiced and paid, thus avoiding paper bills, checks, and envelopes. The new contract covers postal customers in the Northeast, New York Metro For the region, see . Metro New York is a free daily newspaper in New York City started in 2004. Its main competition is AM New York, with which it practices many of the same distribution and marketing strategies. , Allegheny, and Southwest Areas and headquarters in Washington, D.C. Other areas also are expected to participate. CONTACT: United States Postal Service Mike Fanning, 202/268-5595 (Washington D.C.) Dan De Miglio, 415/536-6490 (San Francisco) |
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