SPS Commerce

Rank#4252

Market Cap2.90B

CountryUnited States

Summary

SPS Commerce, Inc. provides cloud-based supply chain management solutions worldwide. It offers solutions through the SPS Commerce, a cloud-based platform that enhances the way retailers, suppliers, grocers, distributors, and logistics firms manage and fulfill omnichannel orders, optimize sell-through performance, and automate new trading relationships. The company also provides Fulfillment solution that provides fulfillment automation and replaces or augments an organization's existing staff and trading partner electronic communication infrastructure by enabling easy compliance with retailers' rulebooks, automatic, and digital exchange of information among numerous trading partners through various protocols, and greater visibility into the journey of an order; and Analytics solution, which consists of data analytics applications that enables customers to enhance their visibility across supply chains through greater analytics capabilities. In addition, it offers various complimentary products, such as assortment product, which enables accurate order management and rapid fulfillment; and community product that accelerates vendor onboarding and ensures trading partner adoption of new supply chain requirements. The company was formerly known as St. Paul Software, Inc. and changed its name to SPS Commerce, Inc. in May 2001. SPS Commerce, Inc. was incorporated in 1987 and is headquartered in Minneapolis, Minnesota.

History

SPS Commerce traces its history back to 1974 and the founding of the Data Bar Company by CEO Archie Black, which created the first EDI (electronic data interchange) software platform. In the 1990s, Data Bar morphed into SPS Commerce, focusing on EDI for the retail and apparel industries, and offering SaaS (software-as-a-service).

Mission

To connect all retail trading partners through the easiest-to-join and use retail network, freeing them to focus on what they do best.

Vision

Our vision is to be the world’s retail network.

References

https://en.wikipedia.org/wiki/SPS_Commerce

https://www.investing.com/equities/sps-commerce

https://finance.yahoo.com/quote/SPSC/profile?p=SPSC

https://www.comparably.com/companies/sps-commerce/mission

https://www.crunchbase.com/organization/sps-commerce

https://sec.report/CIK/0001092699

https://companiesmarketcap.com/