PDS Limited Secures Strategic Sourcing Mandate from Leading US Value Retailer
PDS Limited, the global fashion infrastructure platform, has announced a new Sourcing as a Service (SaaS) contract with a leading US-based value retailer, strengthening its presence in the North American sourcing market.
Under the agreement, PDS will provide end-to-end sourcing support by leveraging its global capabilities in vendor management, compliance, and supply chain execution. The customer is a major value retail chain in the United States with an extensive footprint across urban and rural markets, offering 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 ₹450 crore (around US$50 million), with scope for gradual expansion over time.
GSCL to Lead Execution
The engagement will be executed through PDS subsidiary GSCL under the leadership of Michael Yee, who will oversee the implementation of the sourcing programme. Having joined the PDS platform over the past year, Yee is expected to support the company’s strategy of expanding its US business by strengthening customer engagement through on-ground leadership and execution capabilities.
The new mandate represents another step in PDS’ efforts to grow its sourcing business in one of its key international markets.
Leadership Comments
Commenting on the announcement, Pallak Seth, Executive Vice Chairman, PDS Limited, 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, PDS Limited, 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.”
Strengthening Global Sourcing Operations
The new sourcing mandate reflects PDS Limited’s continued focus on expanding its global sourcing platform by combining supply chain expertise, compliance management, digital capabilities, and AI-driven initiatives to support international retail partners.
With an estimated sourcing volume of ₹450 crore, the agreement is expected to contribute to the company’s growing business in the US market while reinforcing its position as a sourcing partner for global retailers.
