Bamboo Rose Recognized as a Niche Player in Gartner’s Magic Quadrant for Multienterprise Supply Chain Business Networks

The multienterprise platform for retailers was evaluated for completeness of vision and ability to execute

BOSTON--(BUSINESS WIRE)--Bamboo Rose, the Boston-based multienterprise platform for retailers and brands, today announced its placement as a Niche Player within Gartner’s Magic Quadrant for Multienterprise Supply Chain Business Networks.

“We are thrilled to be included in this year’s Magic Quadrant,” said Bamboo Rose CEO, Sue Welch. “We’ve been a dedicated partner to retailers, brands, suppliers, and their business communities as they’ve leveraged our platform to drive mutual value. We think our inclusion in this year’s report validates Bamboo Rose’s strategic focus on these industries as they manage supply chain complexity and product innovation in fast-moving consumer markets."

According to the report, “Multienterprise supply chain business networks (MESCBNs) are an essential technology component to a successful high-maturity, digital transformation. Executives must understand that their company needs to operate within such networks to stay competitive—in other words, minimize risk, increase efficiency, reduce cost and capitalize on opportunities.”ⁱ

To read a complimentary copy of the May 2020 Magic Quadrant for Multienterprise Supply Chain Business Networks, click here.

The Bamboo Rose platform supports simultaneous collaboration with retail business partners while also providing business process applications that support product innovation, sourcing, product lifecycle management (PLM), order management, sales order management, logistics, and trade compliance.

“In recent years, we’ve seen clients leverage our multienterprise platform to reduce cycle times by four to six weeks, boost sales by more than ten percent, reduce safety stock by $50M or more, and cut operating expenses by up to 40 percent,” said Welch. “We’re now at a point in which multienterprise capability is as vital as ever to drive virtual collaboration and manage supply chain complexity, so we couldn’t be happier to be included in Gartner’s industry-leading coverage of this particular space.”

Gartner Peer Insights tracks customer experience through verified ratings and peer reviews from retail industry professionals. As of May 8, 2020, Bamboo Rose customer reviews include the following:

• “The Bamboo Rose platform engages internal users and external business partners through an intuitive user interface and configurable dashboards that drive value for all community members.” – Project Manager at a $30B+ North American Retailer [read full review]
• "Bamboo Rose has been a great and well-respected partner of ours for the past 12 years… What I like most about the product is the ease of configuration to quickly make the system match the processes and terminology used specifically by each retailer." – Infrastructure and Operations Manager at a North American retailer [read full review]
• "[What I like most about Bamboo Rose is its] ability to collaborate with partners and capture key data points of our business, such as customs information and landed cost.” – Supply Chain Manager at a $3B North American retailer [read full review]
• "Bamboo Rose is a place where we have abundant opportunities to grow and learn… They have remained innovative and expanded their platform to meet our ever-changing needs." – Portfolio Manager at a European Manufacturer [read full review]

To read a complimentary copy of the May 2020 Magic Quadrant for Multienterprise Supply Chain Business Networks, click here.

Gartner Disclaimers
Gartner Peer Insights reviews constitute the subjective opinions of individual end users based on their own experiences and do not represent the views of Gartner or its affiliates.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Bamboo Rose
Bamboo Rose is the industry-leading Multienterprise Product and Supply Chain Platform, connecting the entire retail community and helping companies bring great products to market faster, more efficiently, and at higher margins. Our platform features a suite of patented supply chain solutions, including Bamboo Rose Marketplace, Product Lifecycle Management, Sourcing, Purchase Order Management, Global Trade Management, and Financing, each one supported by intelligent engines for optimization, costing, and scheduling across the platform.

Bamboo Rose serves over 250K user members across 85 major retailers, 400 brands, and 35,000 suppliers and service providers as they discover, develop, and deliver products at digital speed. Learn more at bamboorose.com, or find us on Twitter at @GoBambooRose.

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ⁱ Gartner, “Magic Quadrant for Multienterprise Supply Chain Business Networks,” Christian Titze, William McNeill, Bart De Muynck, 4 May 2020.