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Steve Klinkerman
(212) 953-4444
sklinkerman@novantas.com
Novantas Launches LogicSourcing, New Subsidiary Will Focus on Supply Chain Management
February 7, 2005
NEW YORK - Novantas LLC today announced the launch of LogicSourcing, a new subsidiary dedicated to improving the revenue effectiveness of service companies through scientific management of the supply chain. The move came in response to international client demand for new insights in dealing with global price competition.
"Many companies have addressed costs strictly from the supply perspective," said Rick Spitler, a Managing Director at Novantas. "LogicSourcing helps focus supply chain management decisions on customer and revenue impact, ensuring that sourcing is indeed strategic, rather than simply cost-cutting."
Through customer insights, deep operational expertise and rigorous analytics, LogicSourcing helps companies focus cost-saves on activities with minimal customer revenue impact, helping to ensure that costs are reduced while still maximizing customer value and delivering a consistent and superior customer experience.
LogicSourcing offers decision and project support for contract negotiations, vendor selection, analyses of consumption patterns and total cost of ownership, performance measurement, internal knowledge transfer, and make-versus-buy decisions.
Novantas is the acknowledged leader in customer science and revenue strategy for the financial industries. The Firm specializes in applying advanced analytics and technologies to help clients make better decisions in marketing, product, pricing, customer management, and distribution.