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PRESS ROOM

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Welcome to the Prime Advantage Press Room. If you have specific questions please contact us at pr@primeadvantage.com.


In the News

SDCE Top 100Press Release: Prime Advantage Named to Supply & Demand Chain Executive Magazine’s Top 100 Supply Chain Solution Providers – 6/29/2009

Prime Advantage, the leading buying consortium for midsized industrial manufacturers, announced that it has been named to the eighth-annual listing of the Supply & Demand Chain Executive 100. This recognition follows the announcement in March that President, CEO and Founder Louise O’Sullivan was named a 2009 Supply & Demand Chain Executive “Practitioner Pro to Know.”

Can GPOs Help Ease the Pain? — As manufacturers look for cost-cutting that won't cripple them in a recovery, group purchasing organizations let them "swing a bigger bat." At Prime Advantage, a GPO serving midsized industrial manufacturers, officials are seeing an uptick in the number of large companies inquiring about their services...
Steve Minter — IndustryWeek

6/17/2009

Press Release: Prime Advantage Named a Most Valued Partner by Packaging Industry Association PMMI – 5/1/2009

Prime Advantage, the leading buying consortium for midsized industrial manufacturers, is pleased to announce that it has entered into a new partnership with the Packaging Machinery Manufacturers Institute (PMMI). PMMI, which organizes the PACK EXPO tradeshows, has named Prime Advantage a Most Valued Partner (MVP), in order to offer its members reduced costs and optimized buying power through Prime Advantage.
[Press Coverage: Market Watch]

Modern Metals Cover Image Prime Advantage CFO Survey Featured in Modern Metals
Cover Story
- 4/2009

Business conditions are tough--and that’s putting it mildly. Demand, inventories, shipments and prices are just some of the factors that must be watched closely, and charting a course while waiting for the storm to lift is challenging. Modern Metals’ Lauren Duensing takes a closer look at the issues facing mid-sized industrial manufacturers and cites the Prime Advantage CFO Survey to illustrate her point.

 

Press Release: Latest Group Outlook Survey from Prime Advantage Indicates Revenue and Capital Spending Projections are Among Top Economic Concerns in 2009 – 4/14/2009

Prime Advantage, the leading buying consortium for midsized industrial manufacturers, announced the findings of its third Group Outlook Survey, revealing the top economic concerns of midsized industrial manufacturers, as well as an opportunistic outlook for 2009 and beyond. Survey findings reveal not only that industrial manufacturers are prepared for another tough year in 2009, but that they are counting on the conservative measures taken over the past couple years to help carry them through to better times by year end.
[Press Coverage: AOL Money & Finance, Control Engineering, The Earth Times, IndustryWeek, Manufacturing Business Technology, Plant Engineering, Quality Magazine, Reuters.com, Yahoo!: Finance]

IMPO Magazine CoverPrime Advantage's Mike McDonald Interviewed for IMPO Magazine's April Edition – 4/2009

Mike McDonald, vice president, new business relationships for Prime Advantage, reflects on the concerns of more than 550 member companies in the manufacturing buying group. Discussion includes changes in sentiment from 2008 to 2009, as well as emerging challenges due to the economic recession.

Pro to Know LogoPress Release: Prime Advantage’s President and CEO Named a “Pro to Know” by Supply & Demand Chain Executive Magazine – 3/24/2009

Prime Advantage, the leading buying consortium for midsized industrial manufacturers, announced that President, CEO and Founder Louise O’Sullivan has been named a 2009 Supply & Demand Chain Executive “Practitioner Pro to Know.” Supply & Demand Chain Executive, the executive's user manual for successful supply and demand chain transformation, announced the ninth-annual listing of Pros to Know in its February/March 2009 issue.
[Press Coverage: Supply & Demand Chain Executive Magazine, Supply Chain Market]

Press Release: New Study from Prime Advantage Reveals Top Concerns of Midsized Manufacturing CFOs – 2/27/2009

Prime Advantage announced the findings of its first Group CFO Survey, revealing the top financial concerns of its member companies’ CFOs in 2009. Among the top findings from this study is that the credit crunch is not yet having an adverse direct impact on these midsized U.S. manufacturers. Instead, other factors that are related to the economy are creating more pressing issues.
[Survey Press Coverage: Business Wire, Forbes.com, Industry Week 1, Industry Week 2, Manufacturing Business Technology, Manufacturing.net, Market Watch, ModernMetals.com, PR-Inside.come, Quality Magazine, Reliable Plant Magazine, SMT Magazine, Yahoo Finance]

Press Release: Prime Advantage Recognized as Support Supplier of the Year by Enodis – 11/18/2008

Prime Advantage, the leading buying consortium for industrial manufacturers, announced that it received the Support Supplier of the Year award from Enodis Plc. Enodis, a longtime global leader in the design and manufacture of commercial food and beverage equipment, has been a member of Prime Advantage since 2002.

Press Release: OMA-sponsored Supply Chain Strategy Webinar Features President of Prime Advantage – 09/9/2008

Webinar to address strategies and best practices for developing and recruiting supply chain management and procurement talent. Prime Advantage, the leading buying consortium for industrial manufacturers, announced that President and Founder Louise O’Sullivan will participate as a speaker in the September 9 webinar, Developing and Recruiting Today’s Supply Chain and Procurement Talent.

Press Release: Manufacturers’ Buying Group Releases Results of 2008 H2 Group Outlook Survey 7/22/2008

Rising Raw Material and Energy Costs are Raising Concerns among North American Industrial Manufacturers in 2nd half of 2008.
[Survey Press Coverage: Manufacturing.net, Manufacturing Business Technology, Plant Engineering, Quality Magazine]

Power Buying Tools - Following the dictum that there is strength in numbers, group purchasing organizations (GPOs) use that extra muscle to help them buy anything from raw materials to office supplies. However, having the backing of an already established group can certainly help the cause.
Nick Zubko — IndustryWeek
7/1/2008

Manufacturers surviving crunch but caution shows - Strong global demand and a large backlog of orders are keeping the U.S. credit crunch from hurting manufacturers' results, but some companies are becoming cautious about their investment plans.
Nick Zieminski — Reuters
3/27/2008

Press Release: Prime Advantage Releases Results of 2008 Group Outlook Survey 2/15/2008

Raw Materials and Energy Expenses Top a List of Economic Concerns in 2008 for Small-to Mid-sized Manufacturers.
[Survey Press Coverage: America Machinist, BtoB Magazine, Earthtimes, Industry Week, Modern Distribution Management, Purchasing Magazine, Reliable Plant Magazine, ThomasNet]

Podcast: Ken Rayment interviewing Louise O’Sullivan - The Better Process podcast interviews Louise O’Sullivan regarding the latest news and challenges for small to mid-sized manufacturing companies. 2/14/2008

Walking into Walls - Learn to overcome these five obstacles to building a reliable supplier network.
Small and midsized manufacturers are frequently challenged with finding reliable and qualified suppliers within limited networks...
Nick Zubko — IndustryWeek - USA
2/1/2008

Buying advantage: Today’s supplier networks offer more than just reduced prices
"The process of vetting suppliers and obtaining competitive pricing is a challenge for all manufacturers. Small to midsize operations, where resources are fewer, especially feel this, and with some turning to supplier networks for help..."
Carolyn Heinze, contributing editor — Manufacturing Business Technology
1/11/2008

Press Release: Prime Advantage Announces Award Winners at Fall Conference 11/12/2007

Prime Advantage, the leading buying consortium for industrial manufacturers, announced the winners of its annual member and supplier awards at its Fall Conference 2007: Improving Bottom Line Profitability in a Global Economy. Dewey Stevens of Wisconsin-based Curt G. Joa, Inc., a leading manufacturer of equipment for disposable products, was honored with the President’s Award, while office supply distributor Staples Inc. was awarded Supplier of the Year for Services and Supplies and industrial distributor Fastenal Company was honored with the Supplier of the Year Award for Raw Materials & Components.

Buying Consortium: Advantage Suppliers and Buyers

Prime Advantage Corporation provides purchasing clout and more.
by Jack McGuinn, senior editor, Power Transmission Engineering
Sidebar: Two Prime Advantage Suppliers Endorsed for Success
Reprinted by permission of Power Transmission Engineering
Fall 2007

Press Release: Prime Advantage to Mark 10th Anniversary at Fall Conference in October 09/24/2007

Top manufacturers and suppliers gather to share insights for improving bottom-line profitability in a global economy.

Stainless Steel: Nickel Buyers Investigate Material Substitutes (pdf 29KB)
Purchasing.com, July 2007

Buying Consortium Proven ‘Advantage’ for Metal Manufacturing Company (pdf 82KB)
The Fabricator, May 2007

 


Presentations

Getting Out from Under Your Overhead (pdf 1.8MB) 10/12/2007
Moderated by Louise O'Sullivan, CFSP, Prime Advantage
Robert Chipchak, W.W. Grainger and Ric Barton, GE Lighting Institute

The North American Association of Food Equipment Manufacturers (NAFEM) is a trade association of more than 625 foodservice equipment and supplies manufacturers, that provide products for food preparation, cooking, storage and table service. NAFEM's biennial trade show attracts approximately 20,000 foodservice professionals and features more than 600 North American manufacturers. Featured was Louise O'Sullivan, President of Prime Advantage, moderating an educational session entitled Get Out From Under Your Overhead. During this session, Ric Barton, Senior Lighting Specialist from General Electric and Robert Chipchak, Marketing Manager for Grainger, isolated on lighting and MRO specifically, and how controlling overhead costs can lead to economic and productivity gains.


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