Curated News
By: NewsRamp Editorial Staff
August 18, 2025
LogicSource Celebrates Inc. 5000 Recognition Amid Record Growth
TLDR
- LogicSource's inclusion in the Inc. 5000 list showcases its rapid growth and expertise in procurement, offering businesses a strategic advantage in navigating complex global trade dynamics.
- LogicSource leverages over $150 billion in managed spend and pricing data, along with a team of experts, to optimize procurement processes and achieve cost savings for clients.
- By improving procurement practices, LogicSource helps companies reinvest savings into high-value priorities, contributing to economic stability and innovation across industries.
- LogicSource, recognized on the Inc. 5000 list, transforms procurement challenges into opportunities for growth, with a 103% growth rate over three years.
Impact - Why it Matters
LogicSource's recognition on the Inc. 5000 list highlights its pivotal role in transforming procurement strategies across industries. In an era where businesses face unprecedented supply chain and tariff challenges, LogicSource's innovative approach to procurement offers a blueprint for achieving operational resilience and financial efficiency. This news matters because it showcases how strategic procurement can be a game-changer for companies looking to navigate the complexities of global trade and reinvest savings into growth-driving initiatives.
Summary
LogicSource, a leader in technology-enabled procurement services, has been recognized on the Inc. 5000 list of America's fastest-growing private companies, marking a significant milestone in its 103% growth over the past three years. This accolade underscores LogicSource's role as a strategic partner in navigating complex global trade dynamics for sectors like consumer goods and healthcare. CEO David Pennino highlights the firm's commitment to aiding clients through tariff changes and supply chain challenges, leveraging over $150 billion in managed spend data and a team of 180 experts to drive cost savings and innovation.
The company's inclusion in the Inc. 5000 list for the second time reflects its expanded client base, leadership, and geographical presence. LogicSource's expertise in indirect spend categories such as marketing and IT has positioned it as a crucial advisor for businesses aiming to enhance procurement strategies and achieve fiscal stability. With a suite of services including tariff analysis and spend benchmarks, LogicSource empowers clients to renegotiate contracts and reinvest savings into critical areas, further solidifying its reputation as an industry leader.
Source Statement
This curated news summary relied on content disributed by citybiz. Read the original source here, LogicSource Celebrates Inc. 5000 Recognition Amid Record Growth
