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Bamboo Rose, a retail management platform, has announced the addition of supplier relationship management (SRM) capabilities to its existing product lifecycle management (PLM) and supply chain solutions. The new SRM capabilities aim to streamline and improve the workflow and interface for retailers' management of their supplier interactions and data. The platform provides real-time dashboards, tools for tracking communications, a knowledge base for suppliers, and proactive engagement tools. Bamboo Rose CEO, Matt Stevens, emphasized the importance of collaboration between retailers and suppliers, especially during supply chain troubles. The addition of SRM capabilities comes as businesses across the board are increasing their investments in technologies to support their procurement processes, aiming to improve efficiency and mitigate supply chain disruptions.
