NORWALK, Conn., June 14, 2017 /PRNewswire/ -- The PDQ restaurant brand, short for People Dedicated to Quality, has entered into a multi-year agreement with LogicSource®, the innovative sourcing and procurement leader. As part of the agreement, LogicSource® will provide this ground-breaking, fresh, fast-casual chain with sourcing and procurement management for all of PDQ's new standalone store construction as well as existing facility repair and maintenance.
"Based upon our strategic decision to redesign and reduce the cost of our restaurants, while maintaining the outstanding dining experience our guests have come to expect, we have been impressed with the LogicSource sourcing and procurement expertise," said Nick Reader, PDQ CEO and Co-Founder. "Their sourcing and procurement utility drives measurable savings, process improvements and automation while supporting ongoing value engineering. We are excited to work with LogicSource as we look forward to building new PDQ restaurants in the coming years."
"In a relatively short time period, Bob, Nick and all of the incredibly dedicated PDQ team has done an extraordinary job of redefining what upscale, casual dining in this country could and should be," said David Pennino, President and Chief Executive Officer, LogicSource®. "Working with good people is core to PDQ's mission, so all of us at LogicSource® are truly honored to have the opportunity to help them keep growing so they can remain focused on serving up their delicious, high quality food and genuine warm hospitality."
Named by Restaurant Business Magazine as the No. 1 fastest growing small chain in America, PDQ was founded in Tampa in 2011 by restaurant veterans Bob Basham and Nick Reader. PDQ believes that food should always be fresh, fast and affordable and is dedicated to providing unwavering quality and hospitality to their customers.
With deep expertise in the retail, restaurant and consumer-facing businesses, LogicSource® implements solutions designed for their well-known clients by combining on-site staffing, on-demand subject matter experts and its proprietary OneMarket® technology. Professionals with unparalleled sourcing and procurement expertise combined with powerful business intelligence and workflow automation drives enhanced savings for LogicSource's® clients and has led to their best-in-class retention rate.
About PDQ Restaurants:
Founded in 2011, PDQ - short for "People Dedicated to Quality" - is blurring the lines between fast food and fast casual with its high-touch, high-integrity approach to fresh food, fast. Beloved throughout the Southeast and now beyond for its hand-breaded chicken tenders, PDQ crafts delicious salads, sandwiches, and hand-spun milkshakes fresh in store, every day. PDQ is committed to creating deep roots in its local communities and gives thousands of dollars to local charities, schools, and organizations in need every year. Outback Steakhouse co-founder Bob Basham and MVP Holdings CEO Nick Reader are the two principal owners of PDQ. The concept now has 56 locations throughout Alabama, Florida, Georgia, Nevada, New Jersey, North Carolina, South Carolina and Texas. For more information, visit www.eatPDQ.com.
LogicSource® is a leader in sourcing and procurement services, exclusively focused on sourcing, buying and trafficking the goods and services "not for resale" in complex categories such as Marketing, Packaging, Store and Restaurant Development, Freight and Logistics and more. The firm's execution-based approach is completely unique in the industry and has reinvented the way sourcing and procurement works. LogicSource® invests upfront its own money, time and resources to identify opportunities in five weeks or less that drive substantial, attainable and measurable enterprise value. This radically new approach works – LogicSource® has a 93% conversion rate and their clients achieve a 3-11x ROI. Learn more about the LogicSource® difference at www.logicsource.com.
Jeff Kamis, jkamis@eatPDQ.com, phone: 813-784-3642
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