Nordstrom has acquired a minority stake in DS Co., a Utah-based supply chain software firm, as the retailer looks to grow its e-commerce business, according to The Wall Street Journal.
The software, which is branded under the name Dsco, is cloud-based and acts as a middle man between retailers and their suppliers to reduce the complexity of the e-commerce supply chain.
Retailers are using the software to help them minimize the risks and costs associated with online orders. The software allows retailers to utilize “drop shipping,” a delivery method in which the product is shipped to the consumer directly from the manufacturer, as opposed to the traditional method of shipping from the retailer’s distribution center.
Citation: http://www.businessinsider.com. Jul. 11, 2016, 11:30 PM.
