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Fighting Inflation with Better Buying

With looming threats of recession and a highly inflationary environment, the onus is on business leaders to be as prepared as possible for the worst while still being ready to seize any opportunities to improve profits when the time is right. Reactionary measures like raising prices or laying off employees may offer a short reprieve, but sustainable, actionable strategies are what’s needed to counteract these issues, keep customers happy, and defend your market position.

Watch our interview with LogicSource CEO and founder David Pennino as he talks about how procurement can enable companies to succeed in a volatile marketplace — without raising prices or negatively impacting their consumers.

About the Speaker

David Pennino

Founder and Chief Executive Officer

David has over two decades of experience in the Services and Outsourcing industry, including senior leadership roles at Williams Lea, Scient Corp., and Gartner. As CEO, he is responsible for the growth and expansion of LogicSource’s procurement services and technology solutions as they continue to drive sustainable profit improvement, risk mitigation, and supply chain continuity for the world’s most recognizable brands.

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About LogicSource

The innovative leader in procurement services and technology, LogicSource is purpose-built to drive profit improvement, mitigate risk, and ensure supply chain continuity through better buying. LogicSource focuses exclusively on the sourcing and procurement of indirect goods and services, which typically represent 20% of an organization’s revenue and the area of greatest spending inefficiency. These include complex categories like marketing, packaging, corporate services, facilities, information technology, distribution and logistics and more, for which organizations often lack the capacity, focus and scale to achieve best-in-class buying. Unlike traditional advice-based consultants, LogicSource is a purpose-built buying utility with assets that are configurable to their clients’ needs and ready to deploy. By combining decades of sourcing and procurement expertise, superior market intelligence, cross-portfolio spending leverage, and their OneMarket® Source-to-Pay technology, LogicSource executes customized solutions that deliver immediate savings and sustainable value.