SPS Commerce
| 150px | |
| Public | |
| Traded as | NASDAQ:SPSC |
| Industry | Technology – application software |
| Founded | 1987 |
| Headquarters | Minneapolis, Minnesota, United States |
|
Key people
|
Archie C. Black [1] (Chief Executive Officer, President, and Director) Kimberly K. Nelson [2] (Chief Technology Officer) |
| Services | Supply chain management solutions, EDI |
| Revenue | $ 127.9M (2014) [4] |
|
Number of employees
|
943 (2015) [5] |
| Website | www |
SPS Commerce is a corporation based in the United States that provides cloud-based supply chain management software to retailers, suppliers, third-party logistics providers and partners.[6] The company’s headquarters are located in Minneapolis, Minnesota,[7] but it also has US offices in San Diego and New Jersey, and international locations in Beijing, Hong Kong, Sydney, Melbourne, London and Kiev.[8] In 2015, the Minneapolis Star Tribune reported that SPS Commerce was ranked by WorkplaceDynamics as the best large workplace in Minnesota.[9] SPS was also ranked among the top 10 fastest growing publicly traded companies in Minnesota in 2014.[10]
History
The company was founded in 1987[11] under the name St. Paul Software.[12] In 2000, the company sold its software business to Netherlands-based TIE Commerce.[13] After the sale, the company primarily offered Internet-based business-to-business exchanges for retailers and manufacturers.[14] St. Paul Software was renamed SPS Commerce in May 2001.[15] SPS Commerce went public in April 2010 when it debuted on the NASDAQ global market.[16] Soon after, the company acquired San Diego-based EDI services company Direct EDI for $10.9m, adding 40 employees in a San Diego office and a development group in Ukraine.[17] SPS continued to expand its operations in 2012 with the purchase of New Jersey-based data analytics firm Edifice,[18] and in 2014 with the $14.9m acquisition of LeadTec, a supply chain solutions provider headquartered in Melbourne, Australia.[19] In 2015, SPS hired former Target Corp CIO Beth Jacob in an executive role.[20] [21]
Products and services
SPS Commerce applications facilitate supply chain automation, electronic communication and data analytics.[22] Specific product offerings include Trading Partner Fulfillment, Assortment, and Analytics, as well as bar code labeling and Scan & Pack solutions. [23]
References
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