Supplier Diversity Tools Added To Leading Sub Vendor Management System

Added: (Thu Aug 28 2003)

Pressbox (Press Release) - Subcontract.com, Inc. announced today that it now allows staffing firms, consulting firms and government contractors to subcontract to certified, historically underutilized businesses (HUBs). The company is already collecting and certifying HUB data on in its 6200 registered vendors. Woman owned, minority owned, veteran owned, disabled veteran owned, 8(A) and SBA certified small businesses in the staffing and consulting industries are able to register to serve other firms as subvendors. These vendors make up the supply side of Subcontract.com's leading Sub Vendor Management System and Staffing Exchange for staffing and consulting firms.

"Market leaders in the staffing and consulting industries are making great progress in their utilization of historically underutilized businesses." says Mike Sparks, president of Subcontract.com "We are providing a powerful tool to get that job done. These companies can now one-stop-shop for access to a large percentage of all HUB staffing and consulting firms, which are willing to serve as subvendors. Because our certification team also validates all certifications with trusted authorities and ensures they are up to date, we are saving our customers a great deal of time and money"

The company states that 100's of its registered staffing vendors are already certified for Diversity Status by institutions whose certifications Subcontract.com honors and authenticates. These include: The National Minority Supplier Development Council (NMSDC); The National Association of Women Business Owners (NAWBO); The Women~s Business Enterprise National Council (WBENC); The Small Business Administration (SBA); and the U.S. Department of Defense Central Contractor Registration (CCR).

This new aspect of Subcontract.com's sub vendor management system is expected to increase the attractiveness of the product with larger staffing and consulting firms, which are implementing or planning to improve upon their Supplier Diversity Programs. The company's service can operate as a stand-alone sub vendor management system or as a specialized software layer which allows its customers to take advantage of all or select aspects of the service, such as the Supplier Diversity piece, via their in-house or third party software.

Existing Subcontract.com Customers can register their HUB status here: https://secure.subcontract.com/business_classification.cfm

New Customers can register for a free listing in the staffing directory or purhcase buyer and supplier rights on the Staffing Exchange here:
http://www.subcontract.com/register_intro.cfm

About Subcontract.com

Subcontract.com, Inc. is the leading sub vendor management system and vendor to vendor staffing exchange, which provides a B2B counterpart to popular jobsites and resume banks such as Monster.com~ and HotJobs.com~. Each customer has the ability to both source from and optionally supply to all others participating vendors, depending upon their unique strategy. Registered and screened companies receive real-time notifications of hourly, permanent, project and offshore opportunities from other registered vendors. Member firms can also list their benched candidates in the search engine and receive warm leads from interested parties. This service includes Resume Pooling~ for enterprise-wide internal candidate searching and easy VMS~ for sub vendor management and vendor on premise functionality. All three services are offered for one low subscription and there are no per transaction fees. The company recently reported that in excess of 30,000 candidates had been contracted through its services since 2001 representing over $700 million in transactions. Industry SIC codes served include (SIC 736), (SIC 7361), (SIC 7363). NAIC codes served include (NAICS 5613), (NAICS 561310), (NAICS 561320), (NAICS 561330). For more information, contact Subcontract.com Inc.: 675 Grove Terrace / Drive., Suite 109, Elk Grove Village, IL 60007 Tel: 800-682-5751, fax: 831-306-7057, visit www.subcontract.com or email mary.p@subcontract.com