Walmart boosts its sourcing game via partnership

Today, Bamboo Rose announced a joint project with Walmart to develop and implement a state-of-the-art enterprise sourcing platform (ESP) changing the way the company does business with tens of thousands of suppliers around the world. The technology will bring together disparate systems, improving efficiencies and helping the company stay true to its mission of everyday low cost.

Through the new ESP, Walmart Sourcing associates around the globe will more easily collaborate with buyers, product development teams, and suppliers improving the way the company procures and imports goods for resale. The single sourcing platform creates greater visibility across teams enabling Walmart associates to make more informed purchasing decisions on volume and cost, improving access of goods to other markets and potentially reducing waste in categories such as perishable goods and other sensitive product lines.

The implementation of the ESP solution will streamline the supply chain, eliminating waste in categories such as perishable goods, and opening doors for products to be sold in connected markets. Additionally, the implementation will be impactful across all markets and business units in Walmart and Sam’s Club.

Walmart’s new global multicategory sourcing approach supports EDLC for customers.