User:Gsimon818/Innerworkings

Gsimon818 (talk) 22:15, 30 November 2011 (UTC)

InnerWorkings
InnerWorkings (NASDAQ: INWK) provides global print management and promotional procurement services for corporations. Headquartered in Chicago, IL at ''600 West Chicago Avenue, Suite 850, Chicago, IL. 60610''. InnerWorkings serves customers from all over the world with over 40 offices in North America, South America, Europe & Asia. The company currently employs approximately 1,000 employees worldwide.

History
InnerWorkings was founded in 2001. It's founder, Eric Lefkosky also foundedEcho Global Logistics & Groupon among other companies. The company went public in 2006 and is traded on the NASDAQ stock exchange under ticker symbol: INWK.

Services & Technology
InnerWorkings uses a combination of proprietary technology and a network of thousands of print suppliers to source the production of printed materials and promotional products for companies ranging from the Fortune 1000 to medium and small-sized businesses. The Company’s proprietary PPM4 technology processes, stores and tracks the production capabilities of all suppliers in the network, as well as quote and price data for jobs Innerworkings procures on its client’s behalf. Using this data, InnerWorkings matches each customer’s print job to the manufacturer best-suited to meet the requirements based on equipment, open capacity, pricing and geographic location. The system also provides customers and suppliers with detailed reporting and invoicing procedures. InnerWorkings pre-qualifies and categorizes suppliers based on eight performance indicators: quality, turnaround, timeliness, pricing, adherence to company process, customer service and billing accuracy.

Mergers & Acquisitions
As late as 2005, the Company's presence was concentrated almost exclusively in Illinois. The company has steadily grown its footprint through a series of acquisitions
 * In May 2006, InnerWorkings acquired Graphography Limited, LLC for $4.5 million in cash to establish a presence in the New York market
 * In September 2006, it acquired CoreVision Group, Inc., located in Carol Stream, IL, for $1.1 million, adding 15 sales executives, including the first in Michigan and Missouri
 * In October 2006, Applied Graphics, Inc. of San Rafael, California was acquired for $7 million, adding 35 new sales staff, 1,000 clients and approximately 500 new suppliers
 * The company added to its California presence with the acquisition of Spectrum Printing Services for $2.8 million in March 2007
 * July 2007 saw the acquisition of Brown + Partners in suburban Philadelphia
 * In October 2007, it acquired Graphic Resource Group, Inc., located in Minneapolis, Minnesota, for $2.3 million and Data Flow Media Systems in suburban Dallas, TX for $3.4 million adding 10 sales executives
 * A month later, the company it announced completion of its acquisition of Corporate Edge, Inc., a New York City-based national distributor of promotion products, just days after revealing it had signed a definitive acquisition agreement
 * In May 2008, InnerWorkings secured its first international presence acquiring the United Kingdom based etrinsic for $6.9 million in cash, creating one of the world’s largest print management companies
 * In July 2008, InnerWorkings added two new companies to its acquisition list: Marketing-Out-of-the-Box Inc. for $6.9 million in cash, and MediaLink Creative Solutions, located in Wisconsin, for $7.4 million
 * In August 2008, the company acquired New York City-based Mikam Graphics for $12.8 million
 * The company established a presence in the south the acquisition of Origen Partners in October 2008 for $7.4 million

Awards

 * 2011 - Supply & Demand Chain Executive Magazine's Green Supply Chain Award
 * 2011 - Deloitte Technology Fast 500
 * 2011 - InformationWeek 500
 * 2011 - Brill Street Top 50 Gen Y Employers
 * 2010 - Deloitte Technology Fast 500
 * 2010 - InformationWeek 500
 * 2009 - Deloitte Technology Fast 500
 * 2008 - Deloitte Technology Fast 500