Sourcing Meetups drive new trading agreements at SPS In:fluence
June 15, 2016 at 09:19 am EDT
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There was something new at this year's SPS Commerce In:fluence conference that was met with resounding appreciation from retailers and suppliers attending the event.
What are we talking about? Sourcing Meetups. During the In:fluence conference last month, SPS arranged one-on-one meetings between select retailers and suppliers that had complementary merchandising needs and capabilities based on research completed by SPS sourcing experts prior to the event.
We saw a clear trend emerge while arranging the meetups: almost all retailers involved named drop-shipping as a mandatory supplier capability and they found many capable vendors at the event.
Participation was through the roof and the results show the meetups put together likeminded retail companies. Sixty-six physical meetings occurred in just two days, with another 43 virtual meetings scheduled for after the conference. That's nearly 110 potential new trade partnerships set into motion! (Some of these have already become official with signed trading agreements just days after their meetup.)
We're eager to do this all over again at SPS In:fluence 2017, and you can pre-register today to get involved. Those companies that registered early had significantly more meetings and had more time to plan for a productive meeting.
But you don't have to wait until next year to optimize your sourcing capabilities and connect with trading partners wanting to do business. Our team of sourcing strategists can help retailers discover unknown vendors that align with their assortment strategy and offer drop ship and other proven capabilities to match your needs all year long. Contact SPS today to learn more about our Sourcing solutions.
SPS Commerce Inc. published this content on 15 June 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 15 June 2016 13:19:06 UTC.
Original documenthttp://www.spscommerce.com/blog/sourcing-meetups-drive-new-trading-agreements-sps-influence/
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SPS Commerce, Inc. is a provider of cloud-based supply chain management services that supports retailers, grocers, distributors, suppliers, and logistics firms to communicate and collaborate by simplifying how they manage and share item, order, and sales data across omnichannel retail channels. The Company's products include Fulfillment, Analytics and Other products. Fulfillment product is a full-service electronic data interchange (EDI) solution that scales as a business grows. Analytics product enables organizations to improve visibility into how products are selling through a single connection across all sales channels, including wholesale, eCommerce, and marketplaces. The Company provide several complementary products, such as assortment, and community. In addition to these offerings, it also provides one-time services such as professional services and testing and certification. It provides supply chain digitalization including EDI and e-invoicing in Europe and the United States.