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FMI forms partnership with TopSource to provide procurement solutions

Dallas -- The Food Marketing Institute (FMI) announced that it has entered into a strategic business partnership with TopSource LLC, a sourcing company and wholly owned subsidiary of Topco Associates LLC. FMI said the partnership will provide its members the opportunity to support the foundations of their growing businesses with significant savings related to costs in not-for-resale areas.

“This new partnership with TopSource addresses FMI members’ needs as they enhance their businesses, create efficiencies in operations and address their ultimate bottom lines,” said Leslie G. Sarasin, president and CEO of FMI. “TopSource and FMI will bridge membership value and provide access to savings in not-for-resale areas.”

“As an active member of both FMI and Topco, I am confident that this partnership will provide tremendous value to independent retail members of both organizations.” Steve Smith, president and CEO of K-Va-T Food Stores, Topco’s chairman of the board and past FMI chairman

FMI and TopSource will work together on program initiatives to help food retailers and wholesalers identify business opportunities and better serve the needs of their customers.

© 2014