World News: 15:03 GMT Monday 14th January 2019. [Bamboo Rose via Businesswire via SPi World News]
Bamboo Rose, the leading multi-enterprise product and supply chain platform, announces today that Canada’s largest food retailer, Loblaw, has partnered with Bamboo Rose to build, deploy, and sustain a world-class product lifecycle management tool.
Currently, Loblaw uses Bamboo Rose for its importer of record (IOR) and certificate management solutions, which provide traceability for food safety and improved end-to-end supplier visibility. The next step in this partnership includes Loblaw’s co-development of Bamboo Rose’s food and formulation product lifecycle management. Now, with Loblaw’s expertise in food PLM, Bamboo Rose will be bringing food and formulation PLM to the marketplace.
Also, by partnering with Bamboo Rose, Loblaw will be able to streamline its product development processes and create a closed-loop feedback for its entire value chain, from ideation to manufacturing to retail delivery. With this, Loblaw will be able to spend more time innovating new products.
“We chose Bamboo Rose to build on its current world class system to include food and formulation,” said Ian Gordon, Loblaw Brands Senior Vice President. “With Bamboo Rose as our strategic partner, we will be streamlining our product development process and ensuring we deliver the highest quality, innovative products to our consumers with speed and traceability. Our goal is to drive a more modern, collaborative approach throughout our organization and vendor community.”
“Bamboo Rose is committed to helping retailers like Loblaw compete in the new retail economy,” said Sue Welch, Bamboo Rose CEO. “Our focus has always been on shortening the product development lifecycle and streamlining processes for a more efficient, collaborative, and digital retail experience, no matter the industry. We’re excited to partner with Loblaw, as they are the recognized leader in providing great food products.”
Loblaw is the latest customer to join Bamboo Rose’s growing grocery portfolio, which also includes brands like Action NL, Family Dollar, Kaufland, ShopRite, and Woolworths.
To learn more about Bamboo Rose, visit us at bamboorose.com.
About Bamboo Rose
Bamboo Rose is the leading multi-enterprise product and supply chain platform connecting the retail community to help bring great products to market faster, more efficiently, and at higher margins.
Our B2B platform simplifies the product creation and delivery process by combining a digital Marketplace and PLM, Sourcing, PO Management, Global Trade Management, and Financing solutions, all supported by intelligent engines for optimization, costing, and scheduling.
Bamboo Rose serves over 250K user members, 85 major retailers, 500 brands, and 35K suppliers and service providers throughout the world, allowing them to discover, develop, and deliver products at digital speed. Learn more at bamboorose.com, or find us on Twitter at @GoBambooRose.
Business Wire: 15:03 GMT Monday 14th January 2019
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