TrueCommerce Acquires Datalliance
(Thomson Reuters ONE) -
Leading vendor managed inventory service complements commerce network solutions
portfolio to maximize supply chain performance
PITTSBURGH, Sept. 14, 2017 (GLOBE NEWSWIRE) -- TrueCommerce, a global provider
of trading partner connectivity and integration solutions, announced today that
it has acquired Datalliance, the world's largest provider of technology and
services to support collaborative replenishment programs such as vendor managed
inventory (VMI) and related business needs. This addition complements the
TrueCommerce portfolio of offerings by providing a strategic technology service
that extends its commerce network into the collaborative replenishment,
inventory management and demand forecasting markets.
Omni-channel enablement changed the traditional ordering process by requiring
more visibility and collaboration. VMI aligns business objectives and
streamlines supply chain operations for both suppliers and their supply chain
partners. Trading partners focused on collaboration through VMI programs are
expanding at a rapid rate, using better demand signals, optimizing shipping and
distribution to increase profitability and automating more of the replenishment
process to drive efficiency and reduce costs. Datalliance VMI solutions allow
them to scale their programs to cover more categories, more geographies, more
partners and increase sales.
"Our global growth strategy is founded on increasing the breadth and depth of
the services that we offer to our commerce network community," said Mike
Cornell, CEO of TrueCommerce. "The addition of industry leader Datalliance and
their collaborative replenishment, inventory management and demand forecasting
capabilities increases the value that we add for our customers, allows us access
to markets that we previously didn't have and enhances our competitive
position."
Datalliance is a pioneer in offering VMI as a cloud-based platform and have
successfully implemented VMI for hundreds of customers across multiple
industries, geographies and business sizes.
"We are very excited about the opportunity to join forces with TrueCommerce and
the potential to create new paths to market together," said Carl Hall, President
and CEO of Datalliance.
"With our strategic direction to expand our commerce network offerings to
adjacent, yet related solutions, we recognize the importance of vendor managed
inventory as a tool to optimize order processing and collaboration between
suppliers and their partners," adds Cornell. "This acquisition follows the
announcement of the acquisition of HighJump Software, sister company to
TrueCommerce, by Körber AG. Parent company, Accellos Holdings and its primary
investor, Accel-KKR will retain TrueCommerce. The sale of HighJump allows
TrueCommerce to continue to invest aggressively to grow and expand its global
commerce network, as exemplified by the acquisition of Datalliance."
For more information please refer to the frequently asked questions (FAQs).
About Datalliance
Datalliance is the world's largest provider of technology and services to
support collaborative replenishment programs such as Vendor Managed Inventory
(VMI) and related approaches. Delivered as a cloud-based platform backed by
extensive customer care, Datalliance makes it easy for trading partners to
establish inventory management relationships that increase sales and profits by
fully aligning business objectives, increasing on-shelf availability, optimizing
turns, and reducing supply chain costs. Datalliance manages billions of dollars
in orders, millions of SKUs, and tens of thousands of locations worldwide for
leading companies in consumer and industrial markets. For more information about
Datalliance, visit www.datalliance.com.
About TrueCommerce
TrueCommerce revolutionizes trading partner connectivity by linking suppliers,
retail hubs and end consumers in one global commerce network.
With our flexible, integrated and fully managed service solutions, customers of
any size can easily connect with any trading partner while enjoying the peace of
mind of a proven service platform that reliably handles tens of millions of
transactions annually without the need for any customer interaction.
From the factory to the warehouse, from distributor to retail storefront,
achieve new levels of business connectivity and performance with the world's
most complete trading partner platform.
TrueCommerce: Connect. Integrate. Accelerate.
For more information, visit http://www.truecommerce.com.
Media Contact
Yegor Kuznetsov
TrueCommerce
1-703-209-0167
yegor.kuznetsov(at)highjump.com
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Datalliance via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 14.09.2017 - 15:45 Uhr
Sprache: Deutsch
News-ID 559967
Anzahl Zeichen: 5535
contact information:
Town:
Cincinnati
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 256 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"TrueCommerce Acquires Datalliance"
steht unter der journalistisch-redaktionellen Verantwortung von
Datalliance (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
