News


Feb
23

A Non-Traditional Path To CFO

By Colin Gilmore

Learn from the story of Niki Heim, who turned her interim role as CFO into an official one at LogicSource. Get insights and advice on rising in finance, particularly for women in the field.

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Feb
6

Introducing Smarter Sourcing Podcast

By David Pennino

After years of engaging with procurement leaders and recognizing the vital role they play, we’re proud to launch Smarter Sourcing. This initiative reflects LogicSource’s dedication to not just observe but actively shape the future of sourcing and procurement. Smarter…

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Jan
23

Cost Savings Strategies to tackle Economic Uncertainty in 2024

By Colin Gilmore

Get insider tips on how to save on indirect expenditures and increase efficiencies in this exclusive fireside chat with Steve Schmitchel, Managing Partner of LogicSource at the ICR Conference 2024. Learn how top companies like Lululemon and Titleist have…

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Oct
19

Harnessing the Power of Non-clinical Savings

By Colin Gilmore

Get insights on how to reduce non-clinical spend in today’s challenging economic climate from focus group discussions at the 2023 IDN Summit and Reverse Expo. Learn more about maximizing operating margins and funding patient care initiatives.

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Jul
12

The Top 25 Companies of Connecticut for 2023

By Colin Gilmore

We’re proud to share that we’ve been recognized by The Business Report as one of the top 25 companies in Connecticut for 2023. See how our commitment to excellence and dedication to innovation have earned us this honor.

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Jul
3

$250 Million Raised to Power the Future of Procurement

By Colin Gilmore

LogicSource founder and CEO David Pennino speaks on the podcast “Category Visionaries about how indirect expenditures can become a significant financial burden for companies, and why cost-reduction strategies can be a game changer.

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Jun
15

LogicSource Featured in HealthLeaders Interview with WellSpan Health CAO

By Colin Gilmore

HealthLeaders Finance Editor Amanda Schiavo recently interviewed LogicSource client Keith Noll, Chief Administrative Officer for WellSpan Health, an eight-hospital system in central Pennsylvania. The interview describes how WellSpan optimized their non-clinical purchasing process to save $6MM during 2022, with…

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Oct
20

Webinar: Analytics + Action = Results

By Colin Gilmore

Understanding the organization’s Indirect expenditures sounds like a simple task for a procurement team. The reality is often quite different. Complex ERP queries, data mapping from expense systems and manual categorization is a huge lift for many teams; worse,…

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Aug
23

LogicSource Appoints Brian White to Lead Healthcare Division

By Colin Gilmore

Norwalk, CT – LogicSource, the leading provider of purpose-built procurement services and technology solutions, today announced the appointment of Brian White as managing partner, responsible for leading LogicSource’s healthcare division. Brian brings more than two decades of experience in…

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Jul
21

Webinar: Closing the Gaps in Procurement Technology

By Colin Gilmore

In any business environment, if delivery capabilities are missing or disconnected, the result is slower execution and increased workload. Procurement is no exception. All too often, critical workflows within the Source-to-Contract lifecycle are spread across multiple disconnected systems (or…

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May
31

StrategicCFO360 Q&A: The Power of Procurement

By Colin Gilmore

This article was originally published by Katie Kuehner-Hebert from StrategicCFO360.


With the pandemic’s supply chain issues exacerbated by inflation, finance professionals are more heavily relying on their procurement departments to not only save costs but also provide more value…

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Jul
6

Webinar: Elevating the Role of Sourcing and Procurement

By Colin Gilmore

As a 40-year Procurement leader, Steve Kesinger knows a thing or two about the daily struggles of procurement departments. The former Nordstrom Chief Procurement Officer and LogicSource Procurement Council member has hands-on experience managing large, complex teams responsible for…

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Jul
21

Welcoming Three New Members to the LogicSource Advisory Board

By Colin Gilmore

NORWALK, CT – LogicSource, a leading sourcing and procurement services firm, is pleased to announce the addition of three new members to its Advisory Board, welcoming Steve Dark, Steven Fox, and Joe Magnacca.

A diverse group of experienced industry professionals…

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May
19

LogicSource Announces Multi-year Partnership with Rite Aid®

By Colin Gilmore

NORWALK, CT – LogicSource, the innovative sourcing and procurement leader, is pleased to announce a multi-year agreement with Rite Aid Corporation to drive profit improvement by lowering operating and capital expenses for goods and services not-for-resale (GNFR). The partnership…

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Aug
15

LogicSource Delivers Signage Savings of 39% for Leading Apparel Retailer

By Colin Gilmore

NORWALK, CT – In a partnership with a multibillion-dollar apparel retailer, LogicSource, the sourcing and procurement leader, delivered 39% in annual signage savings as part of a comprehensive procurement solution to drive profitability across the retailer’s business.

Through their frequent…

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Jun
18

LogicSource® Drives Telecom Savings of 47% for National Retailer

By Colin Gilmore

NORWALK, CT – LogicSource®, the innovative sourcing and procurement leader, recently delivered 47% in annual Telecom savings for a national specialty retailer as part of a comprehensive indirect procurement solution to drive operational efficiencies and profit improvement across their…

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Mar
1

Joining the Fight Against Multiple Myeloma

By Colin Gilmore

NORWALK, CT – It’s often said that there won’t ever be one cure for cancer. There will be millions. Each case is unique, and so too are the ways we can all choose to help. We work…

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Jan
31

Bigger, Better, Smarter: Looking at the Year Ahead

By Colin Gilmore

NORWALK, CT — In 2018, LogicSource celebrated a banner year. The company saw an increase in key business growth metrics across the board, including more substantial client relationships, a reduction in sales cycle time, and record-breaking conversion rates, while…

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Dec
18

Ringing in the Holidays in Style (or a lack thereof)

By Colin Gilmore

NORWALK, CT – Decorating the Christmas tree, lighting the menorah, baking cookies, Secret Santa, and the annual LogicSource “Who Wore It Worst” Ugly Sweater Contest. Traditions are what make the holidays special, and this year was no…

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Dec
11

LogicSource® Welcomes New Managing Director of Strategic Sourcing

By Colin Gilmore

NORWALK, CT – LogicSource, a leading sourcing and procurement services firm, announced the appointment of Russell Dancho as Managing Director of Strategic Sourcing.  As the Packaging Practice Lead for the LogicSource Strategic Sourcing Center, Dancho and his dedicated category…

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Nov
1

A Very Spooky LogicSource Halloween

By Colin Gilmore

NORWALK, CT – LogicSource embraced the spirit of the season on Wednesday, hosting the annual LogicSource Halloween Brunch and Costume Contest at our Norwalk headquarters. Employees were challenged to come up with costumes that our company would never forget,…

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Oct
9

Inside The Mind Of A Tiger: An Evening With Armen Keteyian

By Colin Gilmore

WILTON, CT – On Monday, October 1st, 2018, 11-time Emmy winner, New York Times best-selling author, and longtime CBS 60 Minutes contributing correspondent, Armen Keteyian was featured at an interactive dinner at Wilton, Connecticut’s Rolling Hills Country Club, where…

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May
24

LogicSource® Laces Up for a Great Cause

By Colin Gilmore

On May 23rd, 2018, LogicSource® staff joined fellow Stamford businesses and community members in running the Stamford Boys and Girls Club’s annual Corporate 5K in Stamford, CT.  LogicSource was proud to be one of more than…

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Dec
15

LogicSource® Appoints Mark Paretti, Vice President of Value Delivery

By Colin Gilmore

Norwalk, CT, December 15, 2017 – Mark Paretti has been named Vice President, Value Delivery at LogicSource®, the innovative sourcing and procurement leader, as it was announced today by Michael Braunschweiger, Managing Partner, Chief Procurement Officer. In this capacity, Paretti will be responsible for developing the sourcing and supply chain strategies so that critical Value Delivery objectives are achieved and implemented for LogicSource®’s well-known retail…

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