April 3, 2017 – E&I Cooperative Services returned more than $16 million to members in the form of rebates in 2016. Additionally, membership reached an all-time high of 4,100, according to a report disclosed at the Cooperative’s Annual Stockholders’ Meeting.
E&I posted a number of other notable 2016 achievements:
- Member purchases exceeded $2.7 billion – nearly $90 million over last year
- Members realized over $200 million in savings by utilizing E&I contracts
- Created a specialized team of Inside Member Representatives (IMRs) to address the unique needs of small schools
- E&I’s consulting division completed 11 engagements, and five E&I individuals earned JAGGAER Select Partner Certification
- The Cooperative joined the National Coalition of Public Procurement (NCPP) as a founding member
- The Cooperative created a dedicated team of Market Development Executives (MDEs) to focus on the K-12 marketplace
“Throughout 2016 we sharpened our focus on serving each of our member segments, including community colleges, K-12 institutions, large universities, and small schools,” said Tom Fitzgerald, CEO, E&I Cooperative Services. “Our objective remains laser focused on: enhancing our contracting value and expertise, expanding our reach in K-12, and enhancing our knowledge sharing and support through the Consulting Group. In a climate of economic volatility and uncertainty, the benefits we provide to our members are increasingly valuable. We look forward to building upon these successes in the coming year.”
E&I Cooperative Services is the member-owned, not-for-profit sourcing cooperative serving education and related institutions. E&I provides members with access to a diverse portfolio of competitively awarded contracts, electronic procurement solutions and consulting services to help them source effectively. By leveraging the knowledge and expertise of nearly 4,100 member institutions, E&I helps members reduce costs and optimize supply chain efficiencies. The National Institute of Governmental Purchasing (NIGP) has validated E&I’s member-driven competitive solicitation process as being in compliance with generally accepted procurement standards.