LogicSource

others

FOUNDING YEAR: 2009
LOCATION: United States
Last Update: 01/05/2020

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive WhatsApp community where you can engage in discussions with global industry experts!

About

An innovative leader in sourcing and procurement services, LogicSource was purpose-built to drive profit improvement for their clients through better buying. LogicSource focuses exclusively on the sourcing and procurement of goods-not-for-resale, also known as indirect procurement, which typically represents 20% of client revenue and the greatest area of spending inefficiency. This includes complex indirect categories like Marketing, Packaging, Store Development & Facilities, Information Technology, Distribution & Logistics and Corporate Services. LogicSource works with many well-known Retail, Restaurant, Grocery and Consumer Packaged Good companies to help them manage their indirect spend more efficiently and cost-effectively. Our clients include The Gap, Tailored Brands, DISH, Big Lots, The Fresh Market, Panera, Vitamin Shoppe and more. Unique to the industry, LogicSource invests up front using its self-funded Mutual Value Assessment approach to identify potential value opportunities at no cost or obligation to the client. By combining decades of sourcing and procurement expertise, real-time market intelligence, cross-portfolio spending leverage and advanced workflow technology, LogicSource drives sustainable profit improvement for their clients. Learn more at www.logicsource.com

MEDICI Analysis

LogicSource helps companies buy. LogicSource is reinventing sourcing and procurement with a investment-based model. By assembling pre-built assets, including its supplier ecosystem, sourcing and procurement operations center, and OneMarket technology, LogicSource executes rapidly deployable, customized solutions that deliver savings and sustainable value.

Focus

PRODUCTS & SERVICES

Sourcing and procurement services

People

FOUNDERS

David F. Pennino

NUMBER OF EMPLOYEES

51-200

company provided insights

Momentum

FUNDED

NO

LISTED

NO

Join the exclusive global FinTech community

Be a part of the global FinTech community on WhatsApp