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news archive

 

 

[20/01/11] etrinsic secures multi-million pound international print management deal with National Grid

In a deal believed to be worth in excess of £3 million per annum,
etrinsic has announced a major new contractual business win with National Grid, supporting the energy company's operations in both the UK and US.

In the multi-year agreement, etrinsic will be supplying a full range of operational and commercial print, direct mail and display materials as well as storage and distribution services to National Grid UK. etrinsic's American parent company, Chicago-based InnerWorkings Inc will provide similarly comprehensive services in parallel for National Grid's US operations.

National Grid, the international electricity and gas company is one of the largest investor-owned energy companies in the world. It owns the high-voltage electricity transmission network in England and Wales and operates the system across Great Britain. It also owns and operates the high-pressure gas transmission system in Britain and its distribution business delivers gas to 11 million homes and businesses. In the United States, the company distributes electricity in the northeastern US to approximately 3.3 million customers and gas in upstate New York to around 565,000 customers.

"We approached this print management initiative from a long- term, strategic perspective," said Donna Hicks, Senior Category Manager of National Grid. "etrinsic provided the best solution to meet our objectives of cost reduction and environmental sustainability whilst demonstrating print management capability to meet National Grid's needs."

"The key factors in securing this important new client were the levels of visibility, service and value we are able to offer to National Grid through the intelligent leveraging of our organisation's combined capabilities within both the UK and US marketplaces," explains Matt Bird, Managing Director etrinsic. "This new contract clearly emphasises the compelling nature of our international capabilities which I believe have redefined the standard and will benefit many more clients in the months and years ahead."


 

InnerWorkings named in Forbes 2010 List of 'Best Small Companies in America'

InnerWorkings named in Forbes 2010 List of 'Best Small Companies in America'

etrinsic's parent company, Chicago-based InnerWorkings (INWK) has been ranked number 30 in its debut on Forbes 2010 list of 'Best Small Companies in America.'

Forbes is one of the world's leading business magazines. Companies that have been publicly traded for at least a year and pull in annual revenue between $5 million and $1 billion are eligible for the list.

"To be cited by Forbes among such an exceptional list of businesses is a tribute to the hard work of our employees, our outstanding technology and our customers' acknowledgement of our capabilities in meeting their print management needs," said Eric Belcher, InnerWorkings CEO.

Joe Busky, InnerWorkings, CFO, also noted, "Our financial strength combined with our rapid growth makes us very unique in the print, promotional and packaging industry. While our performance has been outstanding thus far in our company's young history, we believe most of the opportunity is still in front of us."

The Forbes rankings are based on earnings growth, sales growth and return on equity in the past 12 months and over five years. The stock performance of each company compared with that of its peers was also factored in. To read the full article go to at www.forbes.com.


 

etrinsic wins £2 million Midlands Co-op deal

etrinsic has secured an agreement to supply its print management solutions to
Midlands Co-operative Society in a two-year contract estimated to be worth up to £1,000,000
per year.

The contract covers marketing and operational print, direct mail and point of sale materials.

Midlands Co-operative Society Limited - or Midlands Co-op as it is better known - is the largest independent retail co-operative society in the UK.

"This is an important win for us." says Matt Bird, Managing Director, etrinsic, the print management and marketing outsource specialist. "The contract was subject to a strict tender process which emphasised the need for strong ethical and sustainable values as well as fair business practices. etrinsic has a proven track record in these areas with a reputation for driving environmental performance and corporate responsibility through the supply chain. We share similar business approaches and values to Midlands Co-op and look forward to a long-term partnership based on this mutual outlook."

Stephen Beresford, Midlands Co-operative's PR & Marketing Manager said: "Print management plays a major part in our marketing communications and, as significant buyers of print,
we required a very comprehensive solution. etrinsic demonstrated that they have the experience and infrastructure to provide us with a solution that meets our strict ethical requirements whilst still maintaining quality and cost control."

 

[20/05/10] | etrinsic moves to new HQ

Heralding the next phase in its growth and development, etrinsic has moved to a new head office.

Remaining near Solihull, its home for 25 years, the company has relocated to new premises just off Junction 4 of the M42 at Cranmore Drive.

"These new purpose-built offices provide a more spacious environment and improved conditions for our team plus superior meeting and visitor facilities," comments Matt Bird, etrinsic Managing Director. "This is an important new move for us and will provide the platform for further developments in the way we meet our client's print and marketing requirements. We are looking forward to welcoming our customers and associates to our new home."


 

[17/07/09 | etrinsic gets to the heart of housing association's print management needs

Hard on the heels of two new contracts announced last month, Solihull-based etrinsic has secured another brand-new business win to supply print management services to housing association, Midland Heart.

In a contract worth an estimated £250,000 annually, etrinsic has been appointed to manage the association's print procurement and production including residents' newsletters and communications, stationery and mailings.

Midland Heart is one of the top ten housing and regeneration groups in the country and the largest based in the Midlands. £140 million annual turnover, it manages 32,000 homes and provides care and support services in over 6,000 settings.

"We will deliver the very best value and process efficiency to Midland Heart for its printed material," says Matt Bird, Managing Director, etrinsic. "We are highly experienced in the housing sector and able to provide a bespoke service that will enable Midland Heart to achieve its quality and budget objectives."

"This is yet another brand-new business win for etrinsic in just a few months and further proof that companies and organisations are turning to us to help not only get the most from their current print spend but also to develop a strategic plan to deliver outstanding value for the future."

Sarah Clee, Head of Marketing and Communications for Midland Heart said: "Being able to deliver the best possible return on our spend was a requirement to be demonstrated before we shortlisted possible partners. We were looking for a company who could see ahead and alter their working practices to get even better value for money for us. We awarded the contract to etrinsic because we felt that they were best able to provide for our existing needs and, more importantly, to support the processes we wanted to adopt in the future."

Last month, etrinsic announced new contract wins with Midlands-based LaSer UK and BAXI Group.

etrinsic provides a full spectrum of print management and marketing services including print buying and logistics, direct mail, creative design and data management.


 

[29/05/09] | etrinsic clinches a brace of brand-new business wins

Solihull-based print management organisation, etrinsic has secured two sizeable new contracts with LaSer UK and BAXI Group estimated to be worth a total of nearly £2 million per year.

The pair of new contracts comes from diverse industrial sectors. LaSer UK provides credit and customer programmes, operating credit facilities for over 50 UK businesses, while Baxi Group is a heating systems manufacturer and supplier.

"Following a focused programme of investment in people and systems over the past five years, we are now enjoying significant growth at a time when many of our competitors are moving in the opposite direction," comments etrinsic's Managing Director, Matt Bird. "etrinsic's differentiating factors are the quality of our staff, an honest and open approach to client relationships and a clear commitment to offering the best possible customer service."

LaSer UK has offices in Solihull and Belfast. Baxi Group has sites in Warwick, Erdington and Derby. etrinsic will be providing the full spectrum of its print management and marketing services across these accounts including print buying and logistics, direct mail, creative design and data management.

Comments Jayne Licari, LaSer UK Marketing Manager, Strategic Projects: "As one of the UK's foremost providers of creative credit and customer programmes, print production is key to our business. We went through the tender process specifically to drive savings and add value to what we do. We were impressed by the staff and the level of experience at etrinsic. The quality of their people really stood out and we knew we could work well together."

"From the outset it was clear that etrinsic understood our business from our perspective," she continues. "We share the same values. Even after a very short time of working together, we appreciate their highly proactive collaborative approach which they marry successfully with the ability to challenge existing methods. As a result we are driving efficiencies through the business."


 

[08/05/09] | etrinsic contract renewal marks 13 years of print management supply to
major financial services specialist LV=

Print management and marketing outsource company, etrinsic has announced the fourth renewal of its contract with insurance, investment and pensions group LV=. This will take the commercial relationship between the two businesses to well over 13 years.

etrinsic provides a full print and direct mail management service across the LV= group, incorporating comprehensive data processing and postal consultancy solutions.

Operating an on-site account management team at LV=’s Bournemouth head office, etrinsic has provided significant ongoing savings through strategic consultancy, and developed a range of tailored, web-based management information and forecasting tools. Recently etrinsic and LV= have worked in partnership to promote compliance with the Forest Stewardship Council’s Chain of Custody standard throughout the entire LV= print portfolio.

etrinsic Managing Director Matt Bird comments: “The newly agreed contract with LV= is a major success for etrinsic and an opportunity to continue to supply industry-leading products and services to an organisation which continues to grow both its reputation and market share within the financial services arena.

“LV= is a very focused and forward-thinking organisation, with a reputation for ethics and transparency in its management of supplier relationships. This latest contract has been specifically formulated to clearly align the objectives of both LV= and etrinsic and, in many ways, has re-defined the standard for agreements of this nature.”

LV= Group Marketing Director David Radford said: “We have enjoyed a successful and fulfilling relationship with etrinsic, and actively seek to partner with organisations that are not only aligned to our brand attributes and behaviours, but have proven ethical and environmental expertise. We are delighted to continue the mutually beneficial relationship that has been borne out of service excellence and value.”

Headquartered in Solihull, etrinsic provides a full spectrum of print management and marketing services including print buying and logistics, direct mail, creative design and data management.

 

[21/08/08] | etrinsic gains and retains key contracts

Latest new business win for print management and marketing services specialist, etrinsic is the Royal College of Nursing (RCN). This comes on top of contract renewals from key existing clients which together are estimated to be worth £2.5 million annually.

"In the tough economic environment, organisations are looking even harder to save money and get maximum Return on Investment from their printed output," comments Matt Bird, etrinsic's managing director. "This means examining the complete print supply chain and making sure each element - from creative through data management and delivery to the end user - works together to generate added value. Our clients are increasingly looking to us to provide a full range of services and guidance to ensure tangible, ongoing savings through continual innovations in both processes and product. In an uncertain economic climate, organisations need suppliers with a track record of cost savings and sound strategic advice - a major reason why etrinsic is winning new accounts and successfully renewing contracts."

The RCN has awarded etrinsic the contract to handle print management, mailing services, data management storage and distribution. The company is also supplying creative work.

RCN is the largest professional union for nursing in the UK and represents more than 390,000 nurses, health care support workers and nursing students, both in the NHS and the private sector.

"Communicating with members is a key issue for the RCN," says Dan Birks, Head of Sales at etrinsic. "A major part of our work for RCN involves the creation, print procurement and distribution of direct mail packs on a daily, weekly and monthly basis."

With headquarters in Shirley, Solihull, etrinsic provides a full spectrum of print management and marketing services including print buying and logistics, direct mail, creative design and data management. The company is part of Chicago-based InnerWorkings, a leading provider of managed print and promotional solutions to corporate clients in the United States.
Targeted revenue in 2008 is $450 million (£225 million).

 

[17/07/08] | etrinsic computer donation aids charity

With a major computer upgrade just completed, instead of consigning its previous PCs to a computer graveyard, Shirley-based company, etrinsic has donated 26 units to the organisation Computers for Charities (CfC).

"While these PCs may not be the very latest generation, they can bring real benefits to others," says Steve Cousins, etrinsic's IT Manager. "CfC does fantastic work both in the UK and overseas supplying IT-related advice and support for charities and voluntary organisations, educational and religious establishments. As an international company, we felt that CfC's support for projects worldwide best reflected our own outlook."

"We are delighted with this donation," says Simon Rooksby, Chairman of CfC. "We are in constant need of all kinds of computer equipment for our wide range of projects."

CfC receives 75,000 enquiries a year for support from all over the world. Some of the countries to benefit outside the UK include Nepal, Kenya, Bosnia, Pakistan and Nigeria. 95% of the computers donated come from the corporate sector.

With headquarters in Stratford Road, Shirley, etrinsic provides a full spectrum of print management and marketing services to many of the UK's most successful organisations including National Express, LV= (formerly Liverpool Victoria Friendly Society), EDF Energy, Halfords and WWF-UK.. Services cover print procurement and logistics, direct mail, creative design and data management.


[14/05/08] | etrinsic merges with US-based InnerWorkings

Partnership set to accelerate expansion for UK print management and marketing services firm.



Chicago-based InnerWorkings Inc. has acquired UK print management and marketing services company etrinsic for an undisclosed sum, creating what is believed to be among the world's largest print management companies.

 

With targeted revenue of £225 million ($450 million) in 2008, InnerWorkings is a leading provider of managed print and promotional solutions to corporate clients in the United States. etrinsic is among the 20 largest print management firms in the UK with revenue of approximately £22 million ($44 million) and over 100 employees.

 

"This is an exciting partnership for etrinsic," said etrinsic Managing Director Matt Bird, who will continue to manage the UK operations of the business. "We share similar business approaches and values and a commitment to customer service. Our partnership with InnerWorkings will strengthen our technology capabilities and enable us to accelerate our expansion plans in the UK. We are confident that our long-term knowledge and success in the mature UK print management market will benefit InnerWorkings and its customers."

 

"Quality and innovation have always been our hallmarks and this partnership creates opportunities for shared business systems development, boosted scale of operations and increased price leverage. Continuity of operations in the UK will be assured with the same management team responsible for day-to-day business," Bird continued.

 

"We undertook an extensive review of the UK print management market before approaching etrinsic as our preferred business partner. We are proud to have concluded an agreement with one of the most reputable and established print management companies in the UK. The synergy and mutual respect between our two firms is set to provide a strong platform for growth," said Eric D. Belcher, President and Chief Operating Officer of InnerWorkings.



In 2007, InnerWorkings reported a revenue increase of 80 percent compared to the previous year. Its client roster embraces a wide range of industry sectors, including advertising, consumer products, publishing and retail. It provides procurement services for print, promotional products and retail packaging to over 4,500 customers.

 

"Our partnership with etrinsic will enable us to further support the print needs of our US-based customers that also have operations in the United Kingdom," Belcher said.

 

With headquarters in Shirley, Solihull in the West Midlands. etrinsic provides a full spectrum of print management and marketing services to many of the UK's most successful organizations, including Sainsbury's, National Express, LV= (formerly Liverpool Victoria Friendly Society), EDF Energy, Halfords, WWF-UK, Kraft and the Chartered Institute of Purchasing and Supply. Services cover print procurement and logistics, direct mail, creative design and data management.

 

For more information on InnerWorkings, go to www.inwk.com

 

[07/02/08] | WWF awards print management contract to etrinsic


Solihull-based company etrinsic has won the contract to supply a full print management service to the charity, WWF-UK - formerly the World Wildlife Fund.

 

"The contract was awarded not only as the result of our strong commercial strategic offering but also our proven commitment to environmental best practice," says Dan Birks, etrinsic's Head of Sales.

 

Working in more than 90 countries, WWF is the world's largest independent conservation charity with five million supporters. The contract has been won for the UK branch of WWF who are based in Godalming, Surrey.

 

etrinsic is accredited with the Forest Stewardship Scheme (FSC) and the Programme for Endorsement of Forest Certification Schemes (PEFC). It has also achieved ISO 14001, the environmental standard. In addition, the company operates an ethical code of conduct for suppliers.

 

"A key point of focus for etrinsic will be to work actively with WWF to promote the use of optimum production techniques, materials and responsible supply chain management in order to achieve tangible ongoing environmental benefit," says Matt Bird, etrinsic's Managing Director. "This new business win represents an excellent opportunity, and we are looking forward to developing our working partnership with WWF."


etrinsic supplies an array of outsourced marketing services from print and logistics to direct mail management, graphic design and data handling.