RedPrairie acquires SofTechnics

The acquisition adds mobility-enabled store inventory and price management, intelligent store ordering, direct-store delivery and master data management to RedPrairie’s solution set.
By Modern Materials Handling Staff
January 10, 2011 - MMH Editorial

RedPrairie, a productivity solutions provider, announced today that it has finalized the acquisition of SofTechnics, a leading provider of integrated retail enterprise solutions that has been serving customers for more than 20 years. The acquisition merges the strengths of two highly complementary organizations, and provides a logical extension to RedPrairie’s E²e productivity suite.  SofTechnics’ software portfolio adds mobility-enabled store inventory and price management, intelligent store ordering, direct-store delivery and master data management to RedPrairie’s solution set.

Serving 24 of the top 75 supermarket chains in the U.S., SofTechnics is recognized as a leading provider of mobile price and inventory management solutions for grocery and general retailers.  The acquisition strengthens RedPrairie’s retail platform with proven functionality that will benefit customers with reduced operating costs from advanced store inventory and labor management planning.

“The continued functional expansion and enhancement of our retail platform allows us to provide customers with a broader and more flexible array of solutions for the challenges they face every day,” said Mike Mayoras, RedPrairie’s CEO.

Guy Dille, former president of SofTechnics and now senior vice president, retail for RedPrairie, added, “Our company is proud of its successful history in retail. Joining RedPrairie allows us to draw from an even wider pool of resources to continue providing our customers with the tools for success and quality of service they have come to expect from us.”

“The SofTechnics suite of fully-integrated software solutions has helped many leading retailers manage inventory, reduce operating costs, improve business operations and dramatically increase productivity. Their experience in the retail vertical will provide a new wealth of knowledge to RedPrairie’s already-successful operations within this space,” Mayoras continued.


RedPrairie finalizes SofTechnics acquisition
Supply chain software provider RedPrairie said it has finalized its acquisition of SofTechnics, a provider of retail enterprise services.



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

March shipments at 798,180 trailed February by 12 percent and were down 19 percent annually. For the entire first quarter, shipments were relatively flat annually, rising 0.27 percent to 2,587,988.

OCEMA says it has placed a priority on working with other stakeholders to find operational solutions that will help U.S. exporters, carriers, and marine terminals prepare for the implementation of the SOLAS Verified Gross Mass (VGM) rule.

The first quarter is typically the slowest period of freight demand for LTL carriers. With a few notable exceptions, that was reflected in first quarter earnings reports of the major publicly held LTL carriers.

Carloads saw a 17.1 percent annual decline to 230,599, and intermodal containers and trailers were off 6.3 percent at 261,347.

Trucking CEO's speak out on how regulations affect productivity at NASSTRAC Shippers Conference and Transportation Expo in Orlando this week.

Comments

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