SPS Commerce Supercharges Retailers' Merchandising Strategies Through Expanded Sourcing Offering
MINNEAPOLIS, Jan. 18, 2016 (GLOBE NEWSWIRE) -- 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.COM
SHOP.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 Commerce
SPS 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