COMPANY OVERVIEW
LOCOMeX, Inc. is a provider of project economy & supply chain (PES) technology solutions. It offers a comprehensive cloud-based PES platform that connects enterprises/organizations with suppliers globally. LOCOMeX platform provides visibility & transparency into and control over how companies spend ESG, supplier diversity, local content, and supply chain procurement spend budgets. Our core product is “DivedIn”, a cloud-based collaborative diversity resource planning & strategic local content sourcing tool.
Our platform offers comprehensive suite of products, capabilities & features such as AI-Powered Project-Based ESG Scoring Tool, AI-Powered Team Optimizer, The Marketplace, Supplier Pylon, DivedIn, DivedIn Tier 2, Assetim, API Integration Gateways & Connector, etc. that would typically require the purchase and use of multiple disparate enterprise applications and datasets. The core of the platform consists of strategic local content sourcing, supplier diversity planning, supplier risk assessment, invoice to payment (I2P) tracking, and compliance analytics modules that form the transactional AI powered engine (LOKI) for managing a company’s supply chain procurement, supplier diversity and ESG compliant spend.
Our Mission
LOCOMeX was founded under the belief that everyone deserves transparency and equal access to opportunities in the supply chain. The use of local small businesses, especially from underserved/under-resourced communities, to supply products & services, will improve delivery responsiveness & resiliency, and cause local economies to flourish. LOCOMeX is developing an AI-powered, end-to-end supply chain procurement platform that is easy to use, encourages ESG complaint spend & collaboration/innovation, and creates a win-win for all stakeholders.