This collaboration aligns with Walmart’s new global sourcing structure supporting an EDLC (everyday low cost) model. The ESP promises to optimize procurement and import processes, enabling seamless collaboration among sourcing associates, buyers, and suppliers. Through informed decision-making based on volume and cost, it anticipates increased market access for goods and potential waste reduction, especially in perishable categories. Daniel Berg, Walmart’s VP of Product Global Sourcing, emphasizes the technology’s role in expanding global offerings and streamlining supplier engagement. Bamboo Rose’s Chief Revenue Officer, Mike Mattei, underscores the platform’s capacity for collective growth through retailer-supplier collaboration.
