PDS Limited Secures Strategic Sourcing Mandate From Leading US Value Retailer
PDS Limited has announced a Sourcing as a Service (SaaS) contract with a leading US-based value retailer, marking a significant step in expanding its global sourcing footprint.
Under the agreement, PDS will deliver end-to-end sourcing support, leveraging its global capabilities in vendor management, compliance and supply chain execution. The US retailer, known for its strong presence across urban and rural markets, offers a wide range of everyday essentials, including consumables, apparel, home products and seasonal merchandise at value price points.
The contract is expected to generate sourcing volumes of approximately Rs 450 crore (~$50 million), with scope for gradual scale-up over time.
The engagement will be executed through PDS’ subsidiary, GSCL, under the leadership of Michael Yee, who will play a pivotal role in driving execution. Having been onboarded onto the PDS platform over the past year, Yee is expected to help scale the company’s US business through stronger on-ground leadership and enhanced customer engagement.
Pallak Seth, Executive Vice Chairman, said, “In an environment marked by macroeconomic uncertainty and evolving consumer demand, securing this partnership reflects the resilience of the PDS platform and the strength of our global ecosystem. Our widespread sourcing network, deep relationships and ability to deliver agile solutions continue to position us as a partner of choice for leading global retailers.”
Sanjay Jain, Group CEO, added, “Our continued investments in cost transformation, digital capabilities, and AI-led initiatives have strengthened our sourcing platform and enhanced our value proposition. This partnership is a testament to the robustness of our operating model and our ability to deliver scalable, efficient and innovative solutions. We remain confident in executing this engagement successfully while continuing to build a strong, future-ready sourcing platform.”
