Accellos acquires PROFITsystems

Supply chain software provider extends solution suite with leading home goods retail software.

By ·

Accellos, a leading provider of supply chain execution software solutions, today announced its acquisition of PROFITsystems, a provider of comprehensive Software as a Service (SaaS) solutions for small and medium sized home goods retailers.

Accellos stated the acquisition enhances its efforts to provide small and midsized business and logistics service providers with a single-source supply chain software partner. It is Acellos’ seventh acquisition and integration of a supply chain software company and the will further the development of a unifying product technology; the AccellosOne platform. More than 4,000 companies use Accellos software to power their supply chains. Consistent with this strategy, Accellos has extended its supply chain solution to the last segment of the supply chain, the retail store.

“Distribution, logistics, and transportation are critically important to home goods retailers,” said Michael Cornell, CEO, Accellos.  “Supply chain costs are significant when managing furniture and other home goods products. Accellos expertise in supply chain management, combined with PROFITsystems expertise in maximizing store operations, creates a compelling combination for any home goods retailer.”

PROFITsystems is a leader in software for small and medium sized home goods retailers. PROFITsystems’ flagship product, RETAILvantage, is an SaaS solution that manages all aspects of a home good retail operation including inventory management, distribution management, point of sale, customer management, accounting, and business analytics.

“The management team at PROFITsystems was seeking to align our business with a partner that would bring significant resources dedicated to continuing to enhance our products and provide world class support to our customers,” said Jeff Niskern, CEO, PROFITsystems. “Accellos is a perfect fit for PROFITsystems. Accellos brings deep expertise in the supply chain issues facing our customers and is committed to keeping our focus on the unique needs of home goods retailers.”


Subscribe to Logistics Management Magazine!

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!

Article Topics

All Topics
Latest Whitepaper
Outsourced Transportation Management
All the benefits of owning a fleet without the headache of managing it.
Download Today!
From the August 2017 Logistics Management Magazine Issue
Which carriers, third-party logistics providers, and North American ports have crossed the service excellence finish line ahead of their competitors? Our readers have cast their votes, and now it’s time to introduce this year’s winners of the coveted Quest for Quality Awards.
BMW Takes the Inland Road to Efficiency
Global Logistics: No Shortcuts to Security
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
Getting the most out of your 3PL relationship
Join Evan Armstrong, president of Armstrong & Associates, as he explains how creating a balanced portfolio of "Top 50" global and domestic partners can maximize efficiency and mitigate risk.
Register Today!
EDITORS' PICKS
34th Annual Quest for Quality Awards: Winners Revealed
Which carriers, third-party logistics providers, and North American ports have crossed the service...
2017 Top 50 3PLs: Investment and Consolidation Maintain Traction
The trend set over the past few years for mergers and acquisitions has hardly subsided, and a fresh...

2017 Salary Survey: Fresh Voices Express Optimism
Our “33rd Annual Salary Survey” reflects more diversity entering the logistics management...
LM Exclusive: Major Modes Join E-commerce Mix
While last mile carriers receive much of the attention, the traditional modal heavyweights are in...