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Home » RedPrairie Wraps Up Acquisition of Retail App Vendor SofTechnics

RedPrairie Wraps Up Acquisition of Retail App Vendor SofTechnics

January 18, 2011
RedPrairie Corp.

RedPrairie Corp. has finalized the acquisition of SofTechnics, a vendor of retail-management software. The deal combines RedPrairie's E2e productivity suite with SofTechnics' portfolio of software, which includes mobility-enabled store inventory and price management, intelligent store ordering, direct-store delivery and master data management. SofTechnics sells mobile price- and inventory-management applications to both grocery and general retailers. The combination of technologies will help customers to reduce operating costs through the use of advanced store inventory and labor-management planning, the partners said. RedPrairie claims more than 20 global offices with installations at some 34,000 customer sites in 40 countries.

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KEYWORDS All Warehouse Services EDI Communication (XML/EDI) Forecasting & Demand Planning HR & Labor Management Inventory Planning/ Optimization order fulfillment Retail Reverse Logistics Sales & Operations Planning SC Finance & Revenue Management Supply Chain Visibility Technology Warehouse Management Systems
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