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LogicSource Expands Capabilities Of Onemarket® Technology Suite

Market Leading e-Procurement Software Technology Adds Three New Modules for Procurement and Marketing Professionals

NORWALK, CT – September 26, 2012 - LogicSource, a leading procurement services and technology firm specializing in printed materials and related commodities, including sourcing and procurement of materials for retail store construction and maintenance, today announced significant enhancements to its OneMarket® Technology Suite of software solutions with the addition of three modules that address specific challenges for procurement and marketing professionals.

The newest OneMarket modules are:

  • OneMarket Exchange, a multi-media Digital Asset Management (DAM) system, streamlines asset storage and retrieval, and supports the approvals workflow for digital and print projects. Integrated with OneMarket Buyer -- which automates core processes for cost estimation, purchase order generation and supplier interactions -- it offers the opportunity to improve communication between marketing groups, procurement and suppliers to allow for efficiencies and speed-to-market delivery.
  • OneMarket Studio, a distributed marketing application that enables the setup of pre-defined templates that allow users to more easily tailor, order and publish marketing collateral best suited to their local needs, while remaining within the brand guidelines as defined by corporate marketing groups. Integrated with OneMarket Buyer and a specialized supply chain, it supports a “push of the button” print-on-demand capability.
  • OneMarket Analytics, a business intelligence tool, features highly interactive dashboards that combine graphical and tabular data, enabling powerful data exploration. Users can easily identify buying patterns, compare data across time periods and quickly get detailed knowledge of all products being procured. Users have a clear understanding and transparency of what products their teams are procuring, what they are paying for it and who they are buying it from.

“We have listened to the marketing professionals within our client base and, as a result, we have created an integrated solution with OneMarket Exchange and OneMarket Studio which provides an enhanced level of capability, flexibility and control throughout the marketing production process, from creative to fulfillment,” said David Pennino, Chief Executive Officer of LogicSource. “In addition, with the addition of OneMarket Analytics our clients can now achieve a level of visibility into their spend responsibility that they’ve never had before.”

OneMarket Buyer, the core engine of the platform, is currently being used to manage the print and related spending by LogicSource clients. It allows companies to more effectively address timing, speed and waste challenges of the procurement process, gain transparency throughout the supply chain, and drive sustainable cost savings.

“The additional functionality of these three new modules gives LogicSource the ability to offer an integrated ’straight through process’ between marketing, procurement and suppliers which will dramatically improve efficiency and speed to market,” said Hany Teylouni, Executive Vice President and Chief Technology Officer of LogicSource.

The fully integrated OneMarket Technology Suite is delivered in a software as a service (SaaS) business model and can also be easily integrated into industry-leading enterprise solutions such as SAP, Oracle and Ariba.

About LogicSource and the OneMarket® Technology Suite

LogicSource, is a procurement management firm specializing in printed materials and related commodities and services. OneMarket® is LogicSource’s e Procurement Technology Suite that currently manages the print and related commodities spend for some of the world’s most recognizable brands, including retailers, consumer products companies, charities, investment banks and insurance companies. The company focuses on driving measurable and sustainable cost savings and uses an innovative risk/reward approach in which it shares the benefits of the savings it creates with client partners. LogicSource and its OneMarket® team are headquartered in Norwalk, Conn. For more information regarding OneMarket® and LogicSource, please contact:

Sam Vail

General Manager, OneMarket®

203-354-7773

sam.vail@logicsource.com

 

Media Contact:
Stanton Public Relations & Marketing

Alex Stanton

212-780-4003

Astanton@StantonPRM.com