San Francisco -- The Gymboree Corp. and procurement management firm LogicSource announced Thursday an agreement under which LogicSource will provide procurement and management expertise to deliver cost savings to Gymboree.
Terms of the agreement were not disclosed.
LogicSource conducted a detailed analysis of Gymboree’s procurement spend and identified significant savings opportunities. LogicSource will give Gymboree access to its broad-reaching procurement industry expertise, provide a comprehensive vendor network, and drive efficiencies through smart centralization.
“We look forward to the opportunity to drive savings through LogicSource’s industry expertise and gain efficiencies through centralization. The LogicSource partnership will give us access to a broader supply chain resulting in savings through their unique gain share model,” said Gymboree CEO Matthew McCauley.