Did you ride a school bus growing up? 🚌 Chances are, it was built by our incredible customer, Blue Bird Corporation! We had a great time visiting Blue Bird Country in Georgia to implement LightSource and see firsthand the innovation driving their operations. It’s always inspiring to collaborate with a company that has such a rich history and continues to lead the industry. Looking forward to our ongoing partnership and the exciting road ahead!
LightSource
Software Development
San Francisco, California 1,743 followers
Illuminate your Supply Chain
About us
We help bring procurement professionals into the future with incredible supplier discovery, quoting, and relationship management tools.
- Website
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http://www.lightsource.ai
External link for LightSource
- Industry
- Software Development
- Company size
- 51-200 employees
- Headquarters
- San Francisco, California
- Type
- Privately Held
- Founded
- 2020
- Specialties
- supply chain, procurement, SaaS, and artificial intelligence
Locations
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Primary
Get directions
2845 California St
San Francisco, California 94115, US
Employees at LightSource
Updates
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It’s not about the hours you clock in or the tasks you tick off. What really counts: - The innovations that change the game - The solutions that simplify life - The impact you make on real people Ready to create something that matters? Join us: https://lnkd.in/dP-3fxzS
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Our CTO, Idan Mintz, and CEO, Spencer Penn, rocked the stage at the ISM 2024 Supply Chain Conference with their keynote: "Gen AI Explained by Leaders from Tesla and Google." 🎤 They broke down how generative AI is revolutionizing the supply chain, drawing from their experiences at Tesla, Google, and now LightSource. Stay tuned for fun snippets of their keynote speech.. A huge thanks to Institute for Supply Management for having us! #ISM2024 #SupplyChain #GenerativeAI #Innovation #Leadership
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Just wrapped up an awesome visit with our partners at Arxada! It's been a honor to support their procurement practice with LightSource , and we’re excited to continue working together to tackle the complexities of chemical sourcing. Kudos to the entire team at Arxada for their dedication and vision. Here’s to many more successes ahead!
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How do procurement professionals balance cost savings with other business goals? 💡 Our latest reel from the LightSource Podcast dives into the challenge of cutting costs without compromising quality, supplier relationships, or long-term value. In today’s procurement space, finding the right balance is key. Watch the reel to see how to navigate these priorities! #Procurement #CostSavings #BusinessGoals #StrategicProcurement
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Is incentivizing savings in procurement a smart move or a risky gamble? 💡 Incentivizing procurement professionals through a Savings Commission can drive cost efficiency, but it may also lead to decisions that prioritize savings over quality. Finding the right balance is key—rewarding smart cost management without compromising long-term value. Watch our latest podcast reel to explore the potential and pitfalls of this approach.
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🚨 Purchasing, procurement, or sourcing—are you leveraging them correctly? Each plays a distinct role in optimizing your supply chain. Our latest blog highlights how mastering the nuances of procurement can lead to significant cost savings and stronger supplier relationships. Don’t miss out on this essential read! 🌟 #Procurement #Sourcing #SupplyChain #CostSavings
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Happy birthday to our amazing CEO Spencer Penn! We wouldn't be where we are today without you (literally) 🎂 🎊 🎉
Who needs a birthday cake 🎂 when you have a flight of deviled eggs? 🥚🤣 Thanks Madeleine who always goes above and beyond (both for team b-days and also LightSource customers!) -- A few sentimental thoughts for the day: Ever since I was a kid, I was acutely aware of the "accelerating" passage of time. "the time between my 2nd and 3rd birthday was forever, but now the time between my 3rd and 4th is much faster" -- I actually had this thought and articulated it to my parents. - When you're 2 years old, a year is 50% of your life so far. - When you're 3 years old, a year is 33% of your life - When you're in your 30's, a year is only 3% of your life to date. --> so each passing year "feels" like a lot less With this logic, by 25 you're already half way through your "perceived" life. This is the reason why I love the quote from novelist Doris Lessing: “Whatever you're meant to do, do it now. The conditions are always impossible.” When I left Waymo, that was really scary. But what was even *scarier* was the thought of staying within the comforts of Google and not pursuing my dream to create a category-defining software in the procurement space. (we're not even close yet, but have made incredible strides in that direction). Taking an annual pulse (on my bday, not by our fiscal year), I'm extremely proud of our team at LightSource and grateful to our customers for helping us make that dream a reality. It's the best birthday gift I could ever wish for 🎉
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Adopting sustainable procurement practices can yield up to 20% cost savings.. so what does this mean for your company? In our latest blog, we explore sustainable procurement's goals, including fostering strong, transparent supplier relationships for continuous improvement and innovation. Our platform LightSource uniquely positioned with advanced data analytics and AI-driven insights, allowing comprehensive supplier evaluations based on sustainability criteria all while encouraging strong, transparent collaboration between buyers and suppliers. Learn more by reading our full article below! #SustainableProcurement #SupplyChainManagement #ProcurementExcellence #LightSourceAI
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How can you become a better negotiator? Tune in to our latest podcast, where we dive into the world of high-stakes negotiation with insights from top procurement experts. Hear how LightSource's VP of Product, Sourav Das Adhikari, mastered negotiation skills from his experiences at Cummins Inc. and McKinsey & Company. Don't miss out as Sourav shares his essential tips and strategies to elevate your negotiation game. #NegotiationSkills #ProcurementExcellence #ProcurementLeaders #LightSource