Dsco announces expanded partnership and investment from Nordstrom
Dsco has announced an expanded partnership and strategic investment from Nordstrom. According to Dsco (formerly known as DropShip Commerce), the investment follows a partnership in which Nordstrom deployed Dsco to help manage its distributed inventory, order fulfillment, and drop shipments for Nordstrom.com.
Dsco is transitioning Nordstrom’s drop ship supply chain into the Dsco supply network.
(In the “drop shipping” supply chain mode, stores do not hold stocks of the products they sell. Instead, they source the item from a third party and have them shipped directly to customers.)
“The retail supply chain is one of those big, cumbersome problems that nobody has had the patience or drive to fix, but the status quo also takes tremendous manpower and a financial toll on retailers and, especially, suppliers,” said Jeremy Hanks, Founder and CEO of Dsco. “Nordstrom is aware of this dynamic and, like us, has realized that supply chains must evolve for retail to stay on top. Its partnership and investment in Dsco validate what we’re about.”
Fashion retailer Nordstrom operates a network of more than 300 stores in the United States, Canada and Puerto Rico.