Logility acquires Optiant
Logility has acquired certain assets of privately held Optiant provider of multi-echelon supply chain optimization systems
Latest NewsState of Logistics 2016: Pursue mutual benefit Don’t sleep on the truckload spot market AAR reports mixed U.S. carload and intermodal volumes for week ending November 26 Global motion control shipments increase 5% in first nine months of 2016 Orbis welcomes new manufacturing vice president More News
Latest ResourceThe Cloud Supply Chain Data Network Understanding the Power of a Shared Online Network to Connect Global Partners and Achieve High Data Quality Levels
Further strengthening Logility Voyager Solutions as a comprehensive supply chain solution, Logility (http://www.logility.com) has acquired certain assets of privately held Optiant, provider of multi-echelon supply chain optimization systems, for approximately $3.3 million in cash. Optiant's unique optimization technology helps manufacturing companies and distribution businesses free up millions of dollars in working capital trapped within their multi-echelon supply chains. Optiant improves strategic inventory policies and tactical inventory targets to produce bottom-line savings, achieve higher service levels, and mitigate the impact of supply and demand variability. Logility will incorporate the Optiant products into the Logility Voyager Solutions suite branded as Voyager Inventory Optimization.
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!
Warehouse & DC Operations Survey: Ready to confront complexity 2016 Quest for Quality Awards Dinner View More From this Issue