Bamboo Rose, the collaborative product development, sourcing, and supply chain platform for global retailers, has made an acquisition to strengthen its capabilities. The company has acquired Nottingham-based Supply Pilot, a provider of supplier engagement and collaboration software, in a move that aims to transform the way retailers work with their suppliers. This strategic partnership allows Bamboo Rose to expand its retail management platform and enhance supplier collaboration, thus supporting greater supply chain visibility and promoting Environmental, Social Governance (ESG) initiatives.
According to Matt Stevens, CEO of Bamboo Rose, today’s retail landscape necessitates clear and continuous collaboration between retailers, suppliers, and vendors. By combining forces with Supply Pilot, their platforms will drive unprecedented efficiency and enable sustainability, creating exciting possibilities for the future. Ajay Jindal, CIO of MGF Sourcing, adds that as a Bamboo Rose customer, he is energized about the potential ahead, thanks to their Global Trade Management solution and vendor base.
James Butcher, CEO of Supply Pilot, expresses delight in joining forces with Bamboo Rose to address complex retailer/supplier engagement pinch points. Together, they will offer the most extensive supplier collaboration platform in the market. Butcher further emphasizes their eagerness to join the talented retail technologists at Bamboo Rose to significantly improve digital transformation for their global partners.
Overall, this acquisition news is welcomed with enthusiasm by retailers and their supply chains, as Bamboo Rose and Supply Pilot join hands to enhance collaboration and drive positive change in the industry.