WEBINAR
Playbook for Faster Sourcing
THURSDAY, MARCH 26
11AM EST | 3PM GMT
Q&A with LightSource & Eugene Galdi, CPO
Please join us in a virtual webinar led by Chief Procurement Officer, Eugene Galdi, and Spencer Penn, CEO of LightSource, an exciting AI-powered Sourcing platform. Eugene is an accomplished Procurement Executive with leadership experience at Arxada, 3M, and Peloton. He will be discussing his experience with LightSource and how it has enabled his team to drive large Sourcing efficiencies and cost savings. Throughout the webinar, Eugene will be discussing best practices for Procurement transformation projects, navigating Technology/Supply Chain trends, and more! Spencer Penn will be moderating this webinar and is an accomplished CEO with past experience working at Tesla and Waymo. Reach out to natalie@lightsource.ai you have any further questions or have trouble joining the webinar!
SPEAKERS
Who you'll hear from

Eugene Galdi
Chief Procurement Officer
Arxada
Eugene Galdi is a globally recognized Chief Procurement Officer and supply chain executive who has transformed operations for industry giants including 3M, GE Power, and Honeywell. Managing annual spends up to $4B+, he specializes in driving margin expansion, supply continuity, and multimillion-dollar savings through strategic global sourcing and network optimization. A featured thought leader and "people-first" mentor, Eugene excels at turning complex procurement functions into high-impact strategic assets that fuel enterprise growth.

Spencer Penn
Chief Executive Officer
LightSource
Spencer is the CEO of LightSource, a leading Procurement AI company headquartered in San Francisco. Previously, Spencer was a leader at Tesla, where he helped launch the Model 3 program, and at Waymo, where he led the simulation org. Spencer holds an MBA and Masters in Computer Science from Harvard, as well as a BS from the Wharton School at the University of Pennsylvania. He was also awarded the Forbes 30 under 30 distinction for entrepreneurship in 2016, and today speaks regularly on topics of Global Supply Chain, Procurement, Manufacturing, Robotics, EV and Autonomy, Entrepreneurship, and Artificial Intelligence.
WEBINAR
Playbook for Faster Sourcing
THURSDAY, MARCH 26
11AM EST | 3PM GMT
Q&A with LightSource & Eugene Galdi, CPO
Please join us in a virtual webinar led by Chief Procurement Officer, Eugene Galdi, and Spencer Penn, CEO of LightSource, an exciting AI-powered Sourcing platform. Eugene is an accomplished Procurement Executive with leadership experience at Arxada, 3M, and Peloton. He will be discussing his experience with LightSource and how it has enabled his team to drive large Sourcing efficiencies and cost savings. Throughout the webinar, Eugene will be discussing best practices for Procurement transformation projects, navigating Technology/Supply Chain trends, and more! Spencer Penn will be moderating this webinar and is an accomplished CEO with past experience working at Tesla and Waymo. Reach out to natalie@lightsource.ai you have any further questions or have trouble joining the webinar!
SPEAKERS
Who you'll hear from

Eugene Galdi
Chief Procurement Officer
Arxada
Eugene Galdi is a globally recognized Chief Procurement Officer and supply chain executive who has transformed operations for industry giants including 3M, GE Power, and Honeywell. Managing annual spends up to $4B+, he specializes in driving margin expansion, supply continuity, and multimillion-dollar savings through strategic global sourcing and network optimization. A featured thought leader and "people-first" mentor, Eugene excels at turning complex procurement functions into high-impact strategic assets that fuel enterprise growth.

Spencer Penn
Chief Executive Officer
LightSource
Spencer is the CEO of LightSource, a leading Procurement AI company headquartered in San Francisco. Previously, Spencer was a leader at Tesla, where he helped launch the Model 3 program, and at Waymo, where he led the simulation org. Spencer holds an MBA and Masters in Computer Science from Harvard, as well as a BS from the Wharton School at the University of Pennsylvania. He was also awarded the Forbes 30 under 30 distinction for entrepreneurship in 2016, and today speaks regularly on topics of Global Supply Chain, Procurement, Manufacturing, Robotics, EV and Autonomy, Entrepreneurship, and Artificial Intelligence.
WEBINAR
Playbook for Faster Sourcing
THURSDAY, MARCH 26
11AM EST | 3PM GMT
Q&A with LightSource & Eugene Galdi, CPO
Please join us in a virtual webinar led by Chief Procurement Officer, Eugene Galdi, and Spencer Penn, CEO of LightSource, an exciting AI-powered Sourcing platform. Eugene is an accomplished Procurement Executive with leadership experience at Arxada, 3M, and Peloton. He will be discussing his experience with LightSource and how it has enabled his team to drive large Sourcing efficiencies and cost savings. Throughout the webinar, Eugene will be discussing best practices for Procurement transformation projects, navigating Technology/Supply Chain trends, and more! Spencer Penn will be moderating this webinar and is an accomplished CEO with past experience working at Tesla and Waymo. Reach out to natalie@lightsource.ai you have any further questions or have trouble joining the webinar!
SPEAKERS
Who you'll hear from

Eugene Galdi
Chief Procurement Officer
Arxada
Eugene Galdi is a globally recognized Chief Procurement Officer and supply chain executive who has transformed operations for industry giants including 3M, GE Power, and Honeywell. Managing annual spends up to $4B+, he specializes in driving margin expansion, supply continuity, and multimillion-dollar savings through strategic global sourcing and network optimization. A featured thought leader and "people-first" mentor, Eugene excels at turning complex procurement functions into high-impact strategic assets that fuel enterprise growth.

Spencer Penn
Chief Executive Officer
LightSource
Spencer is the CEO of LightSource, a leading Procurement AI company headquartered in San Francisco. Previously, Spencer was a leader at Tesla, where he helped launch the Model 3 program, and at Waymo, where he led the simulation org. Spencer holds an MBA and Masters in Computer Science from Harvard, as well as a BS from the Wharton School at the University of Pennsylvania. He was also awarded the Forbes 30 under 30 distinction for entrepreneurship in 2016, and today speaks regularly on topics of Global Supply Chain, Procurement, Manufacturing, Robotics, EV and Autonomy, Entrepreneurship, and Artificial Intelligence.
FAQ
Frequently asked questions
Need support or want a demo? Let us know. We are just a message away.
What is LightSource?
LightSource is an AI-powered enterprise procurement platform that serves as a complete operating system for strategic and direct sourcing. It centralizes collaboration, project management, cost tracking, and decision-making for buyers and suppliers in one place.
What problems does LightSource solve?
We replace outdated, email-and-spreadsheet procurement workflows with a unified platform. LightSource eliminates inefficiencies like manual data entry, poor cost visibility, and disconnected communication, enabling faster cycles, greater transparency, and measurable cost savings.
Who founded LightSource and why?
Co-founders Spencer Penn (Tesla Model 3 sourcing lead) and Idan Mintz (GoogleX) saw firsthand how legacy procurement methods slowed complex sourcing. They built LightSource to create the modern, end-to-end platform they wished they’d had.
How does LightSource leverage AI?
Our AI standardizes supplier data from PDFs, emails, and spreadsheets, enabling instant quote comparisons down to the BOM level. It automates bid analysis, recommends award scenarios, and accelerates RFX setup with smart templates.
What makes LightSource different from other procurement software?
LightSource is the only sourcing platform purpose-built for large-scale direct materials procurement. We combine end-to-end functionality, advanced AI, and a focus on buyer–supplier collaboration—without the heavy customization most legacy systems require.
What industries and customers use LightSource?
We serve Global 2,000 and Fortune 500 companies in industries like automotive, aerospace & defense, chemicals, consumer electronics, retail & apparel, and industrial food. Customers include Shure, HelloFresh, Canada Goose, and Bombardier (BRP).
How does LightSource improve sourcing decisions?
Our AI bid analysis compares quotes across price, quality, and delivery time, revealing optimal supplier combinations. Users can run award scenario modeling at the line-item level to maximize value and savings.
How does LightSource accelerate RFX and sourcing cycles?
AI-recommended templates let teams launch complex RFQs in minutes, collect and standardize quotes, and manage iterative sourcing rounds—all with complete visibility from start to finish.
How does LightSource handle integrations?
LightSource works immediately without integration, but can connect seamlessly to ERP, PLM, and purchasing systems. This bridges product development and procurement, eliminating manual data transfers.
How does LightSource help with tariff changes and supply chain shifts?
When tariffs or market changes require supplier switches, LightSource streamlines onboarding and competitive bidding, helping teams adapt quickly while maintaining cost control and supply chain stability.
FAQ
Frequently asked questions
Need support or want a demo? Let us know. We are just a message away.
What is LightSource?
LightSource is an AI-powered enterprise procurement platform that serves as a complete operating system for strategic and direct sourcing. It centralizes collaboration, project management, cost tracking, and decision-making for buyers and suppliers in one place.
What problems does LightSource solve?
We replace outdated, email-and-spreadsheet procurement workflows with a unified platform. LightSource eliminates inefficiencies like manual data entry, poor cost visibility, and disconnected communication, enabling faster cycles, greater transparency, and measurable cost savings.
Who founded LightSource and why?
Co-founders Spencer Penn (Tesla Model 3 sourcing lead) and Idan Mintz (GoogleX) saw firsthand how legacy procurement methods slowed complex sourcing. They built LightSource to create the modern, end-to-end platform they wished they’d had.
How does LightSource leverage AI?
Our AI standardizes supplier data from PDFs, emails, and spreadsheets, enabling instant quote comparisons down to the BOM level. It automates bid analysis, recommends award scenarios, and accelerates RFX setup with smart templates.
What makes LightSource different from other procurement software?
LightSource is the only sourcing platform purpose-built for large-scale direct materials procurement. We combine end-to-end functionality, advanced AI, and a focus on buyer–supplier collaboration—without the heavy customization most legacy systems require.
What industries and customers use LightSource?
We serve Global 2,000 and Fortune 500 companies in industries like automotive, aerospace & defense, chemicals, consumer electronics, retail & apparel, and industrial food. Customers include Shure, HelloFresh, Canada Goose, and Bombardier (BRP).
How does LightSource improve sourcing decisions?
Our AI bid analysis compares quotes across price, quality, and delivery time, revealing optimal supplier combinations. Users can run award scenario modeling at the line-item level to maximize value and savings.
How does LightSource accelerate RFX and sourcing cycles?
AI-recommended templates let teams launch complex RFQs in minutes, collect and standardize quotes, and manage iterative sourcing rounds—all with complete visibility from start to finish.
How does LightSource handle integrations?
LightSource works immediately without integration, but can connect seamlessly to ERP, PLM, and purchasing systems. This bridges product development and procurement, eliminating manual data transfers.
How does LightSource help with tariff changes and supply chain shifts?
When tariffs or market changes require supplier switches, LightSource streamlines onboarding and competitive bidding, helping teams adapt quickly while maintaining cost control and supply chain stability.
FAQ
Frequently asked questions
Need support or want a demo? Let us know. We are just a message away.
What is LightSource?
LightSource is an AI-powered enterprise procurement platform that serves as a complete operating system for strategic and direct sourcing. It centralizes collaboration, project management, cost tracking, and decision-making for buyers and suppliers in one place.
What problems does LightSource solve?
We replace outdated, email-and-spreadsheet procurement workflows with a unified platform. LightSource eliminates inefficiencies like manual data entry, poor cost visibility, and disconnected communication, enabling faster cycles, greater transparency, and measurable cost savings.
Who founded LightSource and why?
Co-founders Spencer Penn (Tesla Model 3 sourcing lead) and Idan Mintz (GoogleX) saw firsthand how legacy procurement methods slowed complex sourcing. They built LightSource to create the modern, end-to-end platform they wished they’d had.
How does LightSource leverage AI?
Our AI standardizes supplier data from PDFs, emails, and spreadsheets, enabling instant quote comparisons down to the BOM level. It automates bid analysis, recommends award scenarios, and accelerates RFX setup with smart templates.
What makes LightSource different from other procurement software?
LightSource is the only sourcing platform purpose-built for large-scale direct materials procurement. We combine end-to-end functionality, advanced AI, and a focus on buyer–supplier collaboration—without the heavy customization most legacy systems require.
What industries and customers use LightSource?
We serve Global 2,000 and Fortune 500 companies in industries like automotive, aerospace & defense, chemicals, consumer electronics, retail & apparel, and industrial food. Customers include Shure, HelloFresh, Canada Goose, and Bombardier (BRP).
How does LightSource improve sourcing decisions?
Our AI bid analysis compares quotes across price, quality, and delivery time, revealing optimal supplier combinations. Users can run award scenario modeling at the line-item level to maximize value and savings.
How does LightSource accelerate RFX and sourcing cycles?
AI-recommended templates let teams launch complex RFQs in minutes, collect and standardize quotes, and manage iterative sourcing rounds—all with complete visibility from start to finish.
How does LightSource handle integrations?
LightSource works immediately without integration, but can connect seamlessly to ERP, PLM, and purchasing systems. This bridges product development and procurement, eliminating manual data transfers.
How does LightSource help with tariff changes and supply chain shifts?
When tariffs or market changes require supplier switches, LightSource streamlines onboarding and competitive bidding, helping teams adapt quickly while maintaining cost control and supply chain stability.
AI Native.
Smarter Awards.
Better Outcomes.
AI Native.
Smarter Awards.
Better Outcomes.
AI Native.
Smarter Awards.
Better Outcomes.
*GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and COOL VENDORS is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.