Bamboo Rose, the leading collaborative product development, sourcing and supply chain platform for global retailers, announced that it has acquired Supply Pilot in Nottingham, United Kingdom.
Supply Pilot, a leading provider of supplier engagement and collaboration software, is transforming the way retailers work with their suppliers. Acquisition expands Bamboo Rose’s retail management platform with enhanced supplier collaboration capabilities to enhance supply chain visibility and drive environmental and sustainability initiatives social governance (ESG).
The combined company, which manages more than $1.2 billion in transactions annually for thousands of products and users across hundreds of leading brands, will provide the best end-to-end technology for supplier engagement and the supply chain. The collective platform solves critical business challenges for fashion & apparel, food & consumables, and general merchandise retailers worldwide.
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“Today’s retail landscape is more complex than ever, requiring clear and ongoing collaboration between retailers, suppliers and sellers,” said Matt Stevens, CEO of Bamboo Rose. Supply Pilot is the market leader in proactive supplier engagement and collaboration. Together, our platforms will achieve unprecedented efficiency and drive sustainability. We are very excited about the possibilities available to us with Supply Pilot. »
“The acquisition of Supply Pilot by Bamboo Rose is big news for retailers and their supply chains,” said Ajay Jindal, CIO of MGF Sourcing. As a Bamboo Rose customer, I look forward to discovering the potential that lies ahead with their international trade management solution and supplier base. »
“We are excited to join forces with Bamboo Rose to solve the complex issues surrounding retailer and supplier engagement. As a single company, we will offer the most comprehensive supplier collaboration platform in the market, commented James Butcher, CEO of Supply Pilot. We look forward to joining this growing team of talented retail technologists to dramatically improve digital transformation for our global partners. »
SOURCE : PRNewswire