NORWALK, Conn.--(BUSINESS WIRE)--BJ’s Wholesale Club, Inc., a leading operator of membership warehouse clubs in the Eastern United States, has reached a multi-year agreement with LogicSource, Inc. to provide enhanced print procurement and management services that will deliver significant cost savings to BJ’s. Terms were not disclosed.
LogicSource conducted a detailed analysis of BJ’s procurement of print materials, and is leveraging their procurement processes to lower costs and drive operational efficiencies. The arrangement calls for LogicSource to provide onsite co-sourcing for all of BJ’s print procurement needs by collaborating with BJ’s to identify new potential supply chain partners and procurement efficiencies.
"The co-sourcing model offered by LogicSource is a great fit for us,” said Julie Reed, Vice President, Strategic Sourcing & Procurement and Chief Procurement Officer. “Our onsite team will have the enhanced technology, processes, and resources they need to drive to the next levels of cost savings, innovation, and efficiency for BJ's."
“We look forward to working closely with the BJ’s team to implement and carry out a proven, sustainable model for long-term procurement savings,” said LogicSource CEO David Pennino.
About BJ’s Wholesale Club
BJ's is dedicated to providing members with high-quality, brand-name food and merchandise at prices that are significantly lower than supermarkets, supercenters, department stores, drug stores and specialty retail stores. BJ's carries the most product variety of any wholesale club with more than 7,000 items, including supermarket-sized staples, USDA “Choice” meats, all-natural and certified organic products and stock-up items. BJ's is the only wholesale club to accept all manufacturers' coupons and for greater convenience, offers the most payment options including EBT. Headquartered in Westborough, Massachusetts, BJ's Wholesale Club, Inc. is a leading operator of warehouse clubs in the eastern United States. The Company operates 196 clubs and 107 gas stations in 15 eastern states. Learn more and shop online at BJs.com or for exclusive content visit https://www.facebook.com/bjswholesaleclub and https://twitter.com/BJsWholesale
LogicSource is a sourcing solutions firm that 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 is headquartered in Norwalk, Conn. LogicSource is owned by Bain Capital (www.baincapital.com). For more information, visit www.logicsource.com.