SPS finds the supply chain’s sweet spot
By Neal St. Anthony, Star Tribune
“SPS Commerce (NASDAQ: SPSC) , a fast-growing provider of supply-chain management services, has nearly doubled its share price since its initial public offering last year in what has been one of the country’s more successful IPOs since the Great Recession.
“We’re trying to build for the long term a very strong company that only does a fairly small portion of our business with Minnesota companies,” CEO Archie Black, a 13-year veteran of the Minneapolis-based company, said in an interview last week. “We serve a global market.”