We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • INDUSTRY PRESS ROOM
  • ABOUT
  • CONTACT
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • Parcel Forum 2022
    • MODEX 2022
    • Upload Your Video
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • Parcel Forum 2022
    • MODEX 2022
    • Upload Your Video
Home » LogicSource Strengthens OneMarket Platform to Help Bring Buying to the Boardroom
Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

Upload your press release

LogicSource Strengthens OneMarket Platform to Help Bring Buying to the Boardroom

 LogicSource Strengthens OneMarket Platform to Help Bring Buying to the Boardroom
April 28, 2021
No Comments

LogicSource, the leader in purpose-built procurement services and technology, announced today it has enhanced its OneMarket platform with five-modules designed specifically for sourcing and procurement professionals that support the entire source-to-pay lifecycle. OneMarket delivers purpose-built technology, superior market intelligence and flexible services that help procurement leaders elevate their impact across the business.

Recent findings from Sourcing Industry Group and Coresight Research agree that procurement leaders lack the technology they need to support their initiatives: 55% have insufficient technology coverage, 45% are dissatisfied with their procurement technology, 77% have zero-to-moderate technology adoption and 84% feel procurement technology is overpriced. LogicSource’s OneMarket platform empowers procurement leaders with the solutions they need to effectively source and procure across the indirect landscape.

“LogicSource has been in the services business for 12 years, and we have run over 30 Procurement departments on behalf of our clients. Over the years, we have identified critical gaps in the technology solutions available to the market, so we developed our own. Built by Procurement practitioners, for practitioners, OneMarket provides a fresh approach to sourcing and procurement, meeting the very specific and ever-changing needs of our customers through the support of technology,” said David Pennino, CEO and founder of LogicSource.

OneMarket consists of five fully-integrated software modules, including:
- Insights: Provides actionable spend and data analytics to empower sourcing teams to scope new initiatives and manage compliance to sourcing outcomes and procurement policies
- Portfolio: Allows teams to manage sourcing performance to fiscal year targets with critical information including baseline spend, suppliers, savings projections, and key dates all captured in a single platform
- Sourcing: Delivers pre-built tools and templates developed to accelerate time-to-market and eliminate manual tasks and processes
- Contracts: Provides a central location for all contract data that’s easily searchable with procurement-focused metadata and timeline notifications
- Procure-to-Pay: Offers procurement and tactical sourcing functionality, enabled by powerful tools to enhance purchasing capabilities across the organization.

“Time and time again, we hear from procurement leaders that they don’t have the proper technology to support their initiatives, or are challenged with having to use several different tools to achieve one goal,” said Jo Seed COO of LogicSource. “OneMarket isn’t just another piece of technology, it’s a single platform with many solutions to meet the needs of our customers wherever they are in their procurement journey. Better yet, it helps procurement leaders showcase their true ROI and drive meaningful outcomes for their business stakeholders.”

For more information on OneMarket, please visit https://logicsource.com/onemarket/.

https://logicsource.com/onemarket/
Submit your logistics, material handling, or supply chain related company news in DC VELOCITY's Industry Press Room section or New Products section
Technology Supply Chain Services Special Coverage
KEYWORDS LogicSource
  • Related Articles

    Avnet's HoriZone RA Development Kit and IoTConnect Platform Bring Real-time IoT Sensor Data to the Cloud Securely

    LogicSource Launches Procurement Council to Elevate the Brand of Sourcing and Procurement

    Pallet-trading website would bring digital platform to outdated market

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Schneider welcomes first battery-electric truck

  • Fred Smith is not worried about Amazon

  • Outlook 2023: What’s in store for logistics/supply chain?

  • Ports, maritime operators see tide turning as ocean freight tsunami subsides

  • RJW LOGISTICS GROUP EXPANDS RETAIL LOGISTICS OPERATION TO DALLAS

Now Playing on DCV-TV

D991bf51 52ad 4867 98ff b56f4fe5dd93

State of the Industry: Fluctuations & Normalcy

DCV-TV 4: Viewer Contributed
In this second of a four-part State of the Industry video series, Greg Orr shares insights on the shifting fortunes of a cyclical truckload market and what passes for normalcy in this economy. The truckload market is famous for its boom-and-bust cycles. A downturn in the economy sends the market reeling with too...

FEATURED WHITE PAPERS

  • The five best applications for robotic lift trucks in warehouse environments

  • Fulfillment Facility Improved Efficiencies by 4x

  • 3PLs: Complete Orders Faster with Flexible Automation

  • Reusable Packaging for the New Wave of Supply Chain Automation

View More

Subscribe to DC Velocity Magazine

GET YOUR FREE SUBSCRIPTION
  • SUBSCRIBE
  • NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2023. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing