SupplyPike, a Fayetteville-based supply chain software company, announced Monday (Aug. 9) the acquisition of Supplier Community in Bentonville, a platform for businesses to educate suppliers and retailers. Financial terms of the deal were not disclosed.
Supplier Community is “the gathering place and resource center for retailers and their suppliers,” and produces content, including webinars, conferences and one-on-one consultations, according to a news release. The company also has sponsorships for businesses that offer vendor services.
Supplier Community designed its CONNECT program to help suppliers and retailers receive needed resources. The program also includes sponsor discounts.
“Supplier teams will now be able to access even more peer-led classes and other resources that will help them optimize their business across every retail channel,” said Matt Fifer, CEO of Supplier Community. “Beyond a focus on doing business with Walmart, SupplierWiki will bring together the industry’s foremost authorities on working with every major retailer as well as selling direct-to-consumer.”
Through the acquisition, Supplier Community will roll its assets into SupplyPike’s SupplierWiki, a free online knowledge base. SupplierWiki provides articles on supply chain and retail topics, ebooks, workshops and industry news items. The CONNECT program will be discontinued and replaced with more accessible services.
“We are so excited to continue working with suppliers in delivering actionable, insightful training,” said Melodie Terry, vice president of marketing for SupplyPike. “Supplier Community has been an industry leader in the supplier education space for years, and now combined with SupplyPike’s technology, we know that we can bring value to suppliers like never before.”
SupplyPike plans to increase its content output to accommodate the expectations of Supplier Community’s customers, the release shows. They will receive full access to SupplierWiki, newsletters and informational emails, webinars, workshops and other free resources, including ebooks and white papers.
Also, businesses that provide services to suppliers, including logistics and retail marketing companies, can create sponsored content for SupplierWiki like they did for Supplier Community. The new program will allow sponsors to create webinars, articles and videos each month and have a company page that may feature a demo video.