Walmart is looking to make its supplier sourcing easier and more efficient as it continues to innovate its supply chain.
The retailer is working with enterprise retail technology solutions company Bamboo Rose to create a new enterprise sourcing platform, according to a press release last week.
The platform will make it easier for the retailer’s buyers and product development teams to work with its “tens of thousands” of supplier partners by providing greater visibility on volume and cost, improving access to goods to other markets and potentially reducing waste in categories like perishable items.
The sourcing platform will be used “across all markets and business units” in Walmart and Sam’s Club, per the announcement.
The platform will connect the retailer’s global teams and go beyond just streamlining sourcing information, Walmart Vice President of Product Global Sourcing Daniel Berg said in a statement. “With this technology, we’ll be able to engage with suppliers across multiple growth stages, expand global offerings and make more efficient decisions,” he said.
Headquartered in Boston, Bamboo Rose counts Loblaws, Pacsun and African grocery chain ShopRite among its clients.
In April, Walmart said it is “reengineering” its supply chain to create an omnichannel network to support customers shopping in-store or online. To that end, the retailer has been adding more automation and opening “next-generation” fulfillment centers that can handle online orders faster.
By the end of fiscal year 2026, Walmart is aiming to have roughly 65% of stores serviced by automation and approximately 55% of the fulfillment center volume going through automated facilities.
On the grocery front, Walmart has been working to control more of its fresh food supply chain, including building out its end-to-end Angus beef supply chain and pouring millions of dollars into creating a new dairy facility.