Locomex

LOCOMeX is a unique AI powered collaborative project economy & supply chain procurement platform for optimizing environmental, social & governance (ESG) strategies. LOCOMEX Inc is a provider of project economy & supply chain (PES) technology solutions. It offers a comprehensive cloud-based PES platform that connect enterprises/organizations with suppliers globally. LOCOMeX platform provides visibility & transparency into and control over how companies spend ESG, supplier diversity & supply chain procurement programs budget. Our platform offers comprehensive suite of products, capabilities & features such as B2B2G Marketplace Connector, Small Business Portal, DivedIn, Invoices Tracker, Assetim, Integration Gateways, 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, invoice to payment (I2P) tracking, and compliance analytics modules that form the transactional AI powered engine for managing a company’s supply chain procurement & supplier diversity spend. The market we are entering into is small business/diverse supplier set-aside with a TAM size of $250B/yr. and served addressable market (SAM) size of $5B annually. Our customers have a problem, and it is inefficiency in sourcing, vetting & procuring faster and cheaper: o Competent & pre-qualified diverse suppliers & local content resources which is costing them billions of dollars/yr. in uncaptured opportunities, compliance and procurement/project delays. We solve this problem by offering: o DivedIn - a cloud-based collaborative diversity resource planning & strategic local content sourcing tool that de-risk the pre-qualification process and automate goals setting for supplier diversity & localization programs. o Invoice Tracker - cloud-based and AI powered invoice to pay automated tracking tool with diverse spend predictive intelligence and compliance analytics capabilities. We are different because of the following unique product features/functionalities: o Our platform core products are patent pending o We have secured US trademark for our LOCOMEX and DIVEDIN brands to improve brand equity o Our unique platform engine is developed on AI & Machine Learning Algorithm o Our unique moat is the network effect of our platform.

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