As Walmart continues to innovate its supply chain, it aims to make sourcing suppliers easier and more efficient.
The company is working with enterprise retail technology solutions company Bamboo Rose to build a new enterprise sourcing platform, according to a press release last week.
The platform allows retailers’ buyers and product development teams to gain greater visibility into volumes and costs, improve access to products to other markets, and reduce waste in categories such as fresh produce. This makes it easier to collaborate with “tens of thousands” of supplier partners. item.
The sourcing platform will be used “across all markets and business lines” at Walmart and Sam’s Club, according to the announcement.
Daniel Berg, Walmart’s vice president of product global sourcing, said in a statement that the platform connects the retailer’s global teams and goes beyond simply streamlining sourcing information. “This technology allows us to collaborate with suppliers across multiple growth stages, expand our global offering, and make more efficient decisions,” he says. Said.
Headquartered in Boston, Bamboo Rose’s customers include Loblaws, Paksan and African grocery chain Shoprite.
In April, Walmart “reengineered” its supply chain. omnichannel A network that helps customers shop in-store or online. To this end, the retailer is opening “next generation” fulfillment centers that can further increase automation and process online orders faster.
By the end of fiscal 2026, Walmart aims to provide automated services to approximately 65% ​​of its stores and to have automated facilities in approximately 55% of its fulfillment center volumes.
In the grocery space, Walmart is taking steps to strengthen its control of its fresh food supply chain, including building an end-to-end Angus beef supply chain and spending millions of dollars to build a new dairy facility. There is.
This story originally appeared on Grocery Dive. To receive daily news and insights, subscribe to his free daily Grocery Dive newsletter.