SPS Commerce Supercharges Retailers’ Merchandising Strategies Through Expanded Sourcing Offering
January 18 2016 - 8:00AM
SPS Commerce, Inc. (Nasdaq:SPSC), a leader in retail cloud
services, unveiled the latest advancement to the SPS Commerce
Sourcing solution, including an expanded service for retailers that
streamlines the process of selecting and onboarding vendors by
tapping into the vast SPS Retail Network and its team of experts.
SPS Sourcing empowers retailers to fulfill their growth potential
by guiding merchandisers through a proven process that brings
compelling brands to the shopping experience. Retailers, including
SHOP.COM, are using Sourcing to strategically expand product
offerings in current and new categories, offer local items and
enter new markets with qualified vendors that align with their
merchandising strategies.
“The SPS Commerce cloud platform is powering the digital retail
era, offering retailers access to thousands of brands across
countless categories,” said Peter Zaballos, vice president of
marketing and product at SPS Commerce. “Our newest sourcing service
gives retailers a powerful merchandising advantage, providing
access to vendors that meet their merchandising and supply-chain
requirements. Traditional vendor discovery and onboarding programs
simply can’t keep pace with the demands of the omnichannel consumer
for product variety and the pressure that puts on retailers.”
SHOP.COM, a global e-commerce retailer ranked No. 64 in the 2015
Internet Retailer Top 500 Guide and the 18th fastest growing
Internet Mobile Retailer, used Sourcing from SPS Commerce in late
2015 to expand its sales volume in select product categories,
including soft goods and consumables. To date, the retailer has
added more than 50,000 items from 50 drop-ship capable vendors and
distributors from the SPS Retail Network.
“SPS Commerce introduced us to scores of qualified vendors that
we didn’t know existed but were a perfect fit for our merchandising
strategy,” said Eddie Alberty, vice president of strategic
partnerships at SHOP.COM. “The solution has streamlined our
sourcing process by relying on SPS to identify and pre-screen
vendors, allowing our merchandisers to focus on vendors that met
our merchandising, supply-chain and financial requirements. SPS is
a strategic part of our growth strategy as we expand into new
markets with the compelling brands that improve the SHOP.COM
consumer experience.”
SPS Sourcing’s new capabilities use a data-driven process that
helps retailers facilitate relationships with well-matched vendors
and filter out incompatible brands. Once vendors are identified
from the SPS Retail Network, hundreds of retail professionals at
SPS Commerce can screen each vendor for compatibility and broker
introductions with the retailer. The SPS Retail Network provides
access to tens of thousands of vendors in apparel, electronics,
footwear, grocery, hard goods, health and beauty, home goods,
specialty, sporting goods and toys.
The SPS Sourcing solution is available exclusively from SPS
Commerce.
About SHOP.COMSHOP.COM, owned by internet
product brokerage company Market America, is an innovative online
shopping web site that merchandises to women and utilizes all the
functionality of shopping comparison plus leverages the unique
benefits of OneCart® patented technology, providing a comprehensive
experience for both merchants and customers. Shoppers have a choice
of shopping over 2,000 OneCart and Partner Stores.
About SPS CommerceSPS Commerce perfects the
power of trading partner relationships with the industry's most
broadly adopted, retail cloud services platform. As a leader in
cloud-based supply chain management solutions, we provide proven
integrations and comprehensive retail performance analytics to
thousands of customers worldwide. SPS Commerce has achieved 59
consecutive quarters of revenue growth and is headquartered in
Minneapolis. For additional information, please contact SPS
Commerce at 866-245-8100 or visit www.spscommerce.com.
SPS COMMERCE, SPS, and RETAIL UNIVERSE are marks of SPS
Commerce, Inc. and Registered in the U.S. Patent and Trademark
Office. 1=INFINITY logo, AS THE NETWORK GROWS, SO DOES YOUR
OPPORTUNITY, INFINITE RETAIL POWER, RETAIL UNIVERSE, RSX, SPS logo,
and others are further marks of SPS Commerce, Inc. These marks may
be registered or otherwise protected in other countries.
Contact:
Kay Rindels
SPS Commerce
866-245-8100
krindels@spscommerce.com
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