LONDON, June 26, 2013 (GLOBE NEWSWIRE) -- PRGX UK Ltd, a subsidiary of PRGX Global, Inc. (Nasdaq:PRGX), the world's leading provider of recovery audit services and the pioneer in Profit Discovery™, is pleased to announce that the CIPS Sustainability Index team will be attending the European Directors' Procurement Forum to be held on June 26, 2013 in Basel, Switzerland. The CIPS Sustainability Index, launched on April 17, 2013, is a joint initiative of PRGX, The Chartered Institute of Purchasing & Supply and the University of the West of England.
With supplier sustainability growing on the procurement agenda, the CIPS Sustainability Index provides buyers with an independent rating of their suppliers' organisational sustainability credentials. The Index is designed to reduce buyers' internal processes, replacing lengthy questionnaires with relevant questions and consistent, reliable evaluation. Extending the scope from purely environmental sustainability, the Index includes economic and social assessments offering a detailed, rounded view of suppliers. For more information, visit the Index homepage at www.cips-sustainabilityindex.com.
Sajid Ghani, Product Director of the CIPS Sustainability Index for PRGX, who will be speaking at the event on procurement technology said, "The Index is a terrific example of innovation and collaboration bringing together leaders in organisational sustainability, supply-chain professionals, academic research and an experienced technology team."
Helen Alder, CIPS Head of Knowledge and Product Development, added, "This is a great opportunity to talk about the importance of sustainability in supply chain management and I'm delighted that we've had so much interest in the Index so far."
About PRGX Global, Inc.
Headquartered in Atlanta, Georgia, PRGX Global, Inc. is the world's leading provider of recovery audit services. With approximately 1,700 employees, the company operates and serves clients in more than 30 countries and provides its services to over 75% of the top 30 global retailers. PRGX is also pioneering Profit Discovery™, a unique combination of audit, analytics and advisory services that improves client financial performance. For additional information, please visit PRGX at http://www.prgx.com.
About The Chartered Institute of Purchasing & Supply
The Chartered Institute of Purchasing & Supply (CIPS) is the world's largest procurement and supply professional organisation. It is the worldwide centre of excellence on purchasing and supply management issues. CIPS has a global community of over 94,000 in 150 different countries, including senior business people, high-ranking civil servants and leading academics. The activities of purchasing and supply chain professionals have a major impact on the profitability and efficiency of all types of organisation and CIPS offers corporate solutions packages to improve business profitability. www.cips.org