ProcureNet wins Hammer Award
- By Dan Caterinicchia, Dan Caterinicchia
- Sep 15, 2000
ProcureNet Inc., a provider of end-to-end electronic procurement solutions
for government agencies, recently became the first private company to receive
Vice President Al Gore's Hammer Award.
The Hammer Award, created by Gore's National Partnership for Reinventing
Government (NPR), generally is presented to teams of federal employees and
citizens who have made significant contributions in support of government
ProcureNet received the award for developing an integrated supply program
designed to streamline procurement, improve efficiency and enhance service
as part of the maintenance, repairs and operations Prime Vendor program
team at the Defense Supply Center Philadelphia, General and Industrial Directorate.
As a result of the program, the Marine Corps Air Station in Beaufort, S.C.,
and the Beaufort Naval Hospital were able to reduce inventory by more than
50 percent, lower supply procedure costs and improve online delivery rate
in all locations, said Reuven Battat, president and chief executive officer
of ProcureNet, which is based in Great River, N.Y.
"Most people think of government as being way, way behind, but they're doing
their best to get ahead and we want to keep them ahead," Battat said. "In
this area, the government is way ahead of the commercial market and is saving
In addition to its extensive customer base within the Defense Department,
ProcureNet's government clients also include the departments of State, Agriculture,
Energy; Transportation; the U.S. Postal Service; the Coast Guard; Riverside
County, Calif.; and San Diego.
Despite the large number and wide variety of its public-sector customers,
the company boasts a 100 percent renewal rate on its government contracts.
"We're not just a software, marketplace or content provider," said Ken Farber,
senior vice president of business development. "We take technology, take
the marketplace, content and logistics and fulfillment, everything from
requisition to check processing — we'll take the risk."
ProcureNet added another federal customer last week. The company announced
that the Defense Supply Center, Columbus, Ohio (DSCC), had awarded it the
first three option years of its Automotive Prime Vendor Overseas contract.
DSCC is the world's largest supplier of weapons system spare parts and end
items and will continue to use ProcureNet's technology to supply parts to
military locations worldwide.