EXEL RECEIVES $25 MILLION LOGICOM CONTRACT

EXEL RECEIVES $25 MILLION LOGICOM CONTRACT    Exel, a London-based provider of supply chain management solutions, has been awarded a three-year contract by LOGICOM, a European provider of spares inventory and supply chain management services.
   Exel will provide LOGICOM with a distribution network in the United Kingdom, as well as 22 new stockholding locations.
   The contract is worth 12 million pounds ($25 million).