SPS Commerce

SPS Commerce (Nasdaq: SPSC) is a leading provider of cloud-based supply chain management solutions for retailers, suppliers, and logistics providers. Founded in 2001, the company operates the world's largest retail network, connecting over 120,000 trading partners across 85 countries to optimize supply chain operations.

SPS Commerce offers a range of products and services, including:

• Electronic Data Interchange (EDI) solutions for automating B2B transactions

• Analytics tools for inventory and sales data visibility

• Item management capabilities for product information sharing

• Fulfilment solutions for order management and logistics

• Assortment planning tools for retailers

• Vendor onboarding and enablement services

The company's cloud-based platform facilitates the exchange of critical supply chain data like purchase orders, invoices, inventory levels, and shipping information between trading partners. This enables retailers, suppliers, distributors, and logistics providers to streamline operations, improve efficiency, and enhance collaboration across the retail ecosystem.

In 2023, SPS Commerce reported revenue of USD 536.9 million, a 19% increase from the previous year. The company has achieved 93 consecutive quarters of revenue growth. In May 2024, SPS Commerce acquired Traverse Systems for approximately USD 29 million to further expand its capabilities. The company is headquartered in Minneapolis, Minnesota and has offices across North America, Europe, Asia, and Australia. SPS Commerce continues to invest in artificial intelligence and machine learning technologies to provide more advanced supply chain insights and forecasting capabilities to its customers.