Virtualstock looks Stateside and beyond retail

Supply chain technology startup, Virtualstock, is eyeing accelerated growth in retail this year, on the back of strategic partnerships with IBM and Wincanton – both within the UK and internationally. The UK company is due to open a New York office this summer and is in discussions with a number of US retailers. It is also in advanced conversations with its first German retailer.

In an interview with RTIH, Ed Bradley, Founder/Director & Head of Sales, Virtualstock, says that, having carved a niche for itself in the retail and healthcare sectors, the venture is also now looking to expand to other areas. “We are already in conversations with a major media company and are looking into defence, pharma and education too. It’s clear that the benefits of our technology should not be restricted to retail; supply chain optimisation bears significant opportunities across the board,” he comments.

He adds: "The truth is that the levels of digitalisation are highly inconsistent across sectors, with retail often leading the charge. Other industries might not yet realise the value technology can bring to them, and may it be our mission to help level the playing field.”

Read the full interview here.