Webinar: Using Data Analytics to Unlock True Profit Potential Across Not-for-Resale Expenses

By Colin Gilmore | Technology | Media Coverage

Goods-Not-For-Resale (GNFR) expenses can represent up to 20% of revenue for Retail and CPG companies. This reservoir of costs presents an untapped opportunity for businesses to improve profit potential as we emerge from the pandemic. However, uncovering GNFR cost savings through Spend and Data analytics remains widely under-utilized across the Retail and CPG industry. While leaders acknowledge that Data Analytics can help, they’re just not sure how to gather, interpret, and act on that valuable information.

On Wednesday, June 30, LogicSource CEO, David Pennino, and COO, Jo Seed will be joined by Deborah Weinswig, CEO and Founder of Coresight Research, to examine how leveraging spending and data analytics to manage GNFR expenses can provide Retail and CPG companies with a significant profitability boost.

Their discussion will cover:

  1. The opportunity for cost savings across GNFR for Retail and CPG companies coming out of the pandemic
  2. How leveraging spend and data analytics can help companies manage GNFR costs and uncover new savings opportunities
  3. Approaches for building a best-in-class Data Analytics function to accelerate the realization of GNFR profit-improvement initiatives

To register for this webinar, click here.

To read our co-authored report on this topic, head to the idea lounge, or read the full report here.

About LogicSource:
LogicSource was purpose-built to drive profit improvement for their clients through better buying. LogicSource focuses exclusively on the sourcing and procurement of goods and services not-for-resale, which typically represents 20% of a company’s revenue and the area of greatest spending inefficiency. Tested time and again in the marketplace, their proven engagement model builds profitable partnerships that achieve 4-15x ROI.