Currently, Loblaw uses Bamboo Rose for its importer of record (IOR) and certificate management solutions, which provide traceability for food safety and improved end-to-end supplier visibility. The next step in this partnership includes Loblaw’s co-development of Bamboo Rose’s food and formulation product lifecycle management. Now, with Loblaw’s expertise in food PLM, Bamboo Rose will be bringing food and formulation PLM to the marketplace.
Also, by partnering with Bamboo Rose, Loblaw will be able to streamline its private brand product development processes and create a closed-loop feedback for its entire value chain, from ideation to manufacturing to retail delivery. With this, Loblaw will be able to spend more time innovating new products.
“We chose Bamboo Rose to build on its current world-class system to include food and formulation,” said Ian Gordon, Loblaw Brands Senior Vice President. “With Bamboo Rose as our strategic partner, we will be streamlining our product development process and ensuring we deliver the highest quality, innovative products to our consumers with speed and traceability. Our goal is to drive a more modern, collaborative approach throughout our organization and vendor community.”
“Bamboo Rose is committed to helping retailers like Loblaw compete in the new retail economy, said Sue Welch, Bamboo Rose CEO. “Our focus has always been on shortening the product development lifecycle and streamlining processes for a more efficient, collaborative, and digital retail experience, no matter the industry. We’re excited to partner with Loblaw, as they are the recognized leader in providing great food products.”
Loblaw is the latest customer to join Bamboo Rose’s growing grocery portfolio, which also includes brands like Action NL, Family Dollar, Kaufland, ShopRite, and Woolworths.