Logility acquires Optiant

By Modern Materials Handling Staff
April 01, 2010 - MMH Editorial

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!

Recent Entries

In an effort to help buyers of freight transportation and logistics services to better understand the required best practices in order to be a shipper of choice for their carrier partners, non asset-based third-party logistics (3PL) services provider Transplace said this week it has rolled out a Preferred Shipper Checklist.

For a new facility in Chicago, DHL Global Forwarding converted to electric lift trucks. The result? Better uptime and a cleaner environment.

January carloads dropped 16.6 percent, or 192,747 annually, to 968,042, and intermodal volume was up 3.4 percent, or 34,523 units, annually at 1,039,621 containers and trailers.

While the PMA-ILWU dispute was settled last spring, a new port-related labor issue popped up on the East Coast last week, when a labor dispute on Friday, January 29 occurred when union members of the International Longshoremen Association (ILA), the largest union of maritime workers in North America, walked off the docks at the Port of New York and New Jersey, the largest East Coast port and second largest U.S. port.

“Sea Strangulation" explains how the United States has become vulnerable to Chinese maritime coercion and details a challenge from China that the U.S. is ill-prepared to meet.

Article Topics

News · Logility · Supply Chain Software · All topics

Comments

Post a comment
Commenting is not available in this channel entry.