LAS VEGAS, Feb. 9, 2012 /PRNewswire/ -- TopSource hosted its 3rd biennial Summit for its customers and suppliers at the Paris Resort Hotel in Las Vegas, NV held January 30th – February 1st. TopSource, located in Braintree, MA, helps businesses control costs and secure significant savings on not-for-resale goods and services through multiple sourcing approaches ranging from aggregation to discreet on-line auctions. Customers that partner with TopSource have saved on average between 15% and 25% in areas including construction, store equipment, energy management, fuel, financial services, store operations, HR benefits, IT / Telecom, logistics and distribution, marketing and advertising, office supplies and packaging.
Over 225 procurement professionals from forty-three grocery, wholesale and other retail companies plus 150 suppliers attended the event. The highlights of the three-day Summit included a supplier tradeshow with pre-scheduled face-to-face business meetings between customers and suppliers. In addition, the event provided many networking opportunities as well as strategic business seminars regarding cost cutting measures and latest industry trends in several business areas such as employee benefits, waste management, transportation, social media, and much more.
One of TopSource's packaging suppliers, who has attended previous TopSource event, said, "We do several tradeshows a year and very rarely do we walk away with as many opportunities for sales and relationship building [as we do with TopSource]. The show continues to get stronger."
According to Dave Picarillo, Senior Vice President of TopSource, "The Summit is an opportunity to bring together our customers and suppliers in one venue to not only kick off our plans for the year but to allow attendees to forge new partnerships and solidify existing business relationships. This is our third Summit which brought about more energy and enthusiasm from all attendees than ever before."
TopSource plans to host its next Summit in 2014. Exact location and plans to be finalized.
Contact TopSource to learn more about the Summit and how to become a customer or supplier (www.topsourcellc.com).
Description of TopSource:
TopSource is a wholly owned subsidiary of Topco Associates LLC, the largest cooperative buying organization in retail food. By applying a structured sourcing process and through spend aggregation, TopSource assists companies realize significant savings in the area of not-for-resale, often called indirect spend. Across twelve business areas, TopSource has saved its customers an average of 15% annually in areas such as construction, store equipment, office products, packaging, IT/Telecom, logistics & distribution, marketing, advertising, merchandising, energy management, HR benefits, and hired services.
SR. MARKETING COMMUNICATIONS MANAGER