RangeMe sourcing platform launches in UK
Sourcing platform RangeMe has launched in the UK. It offers retailers instant access to over 200,000 suppliers and more than 750,000 products from around the world, with beauty being one of its big categories.
High street chain LloydsPharmacy is already using it in Britain and the US-based company said the world’s largest product discovery platform can transform the sourcing process for other retailers too.
RangeMe launched in 2013 and is used today by over 12,000 retailers in the US, including Walmart, Ulta Beauty, Walgreens, and Albertsons.
It says it “helps retailers and their buying teams scale product sourcing efforts with streamlined submissions, simplified discovery tools, and the industry standard digital sell sheet”. It lets buyers filter searches "to find brands meeting exact sourcing needs, enables seamless connectivity and collaboration with suppliers and provides curated collections to help identify and understand category trends and emerging brands”.
CEO Nicky Jackson said: “Consumers are looking for a variety of products from all over the world and sourcing them online. The British public is no different, yet high street retailers have struggled to offer these products in store or online principally because they don’t have sight of all that’s available in the market. RangeMe will change this, bringing more choice to shopping aisles and a significant revenue opportunity. We will pick up the heavy lifting for buyers and present the global product market opportunity in one screen”.
The company said it’s also inviting British suppliers to join the platform “for a front-row audience of the biggest high street retailers”.
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