Retailing giant Nordstrom has bought a minority stake in supply chain software outfit Dsco.
The latter is a cloud-based tech firm that helps suppliers ship orders direct to consumers in tandem with retail partners, The Wall Street Journal reported. The system works in this manner: A customer places an order, the order is routed to a manufacturer and then the manufacturer would ship that item directly to the consumer. The financial terms of the deal were not disclosed.
For Nordstrom, the strategy is one where drop shipping can help streamline costs, with the key coming as it requires holding fewer units of inventory. For the full article click here
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