Buyer gains real-time decision engines that optimise material and information flow
Supply chain services firm Dematic has sealed a deal to take over US warehouse execution software (WES) firm Reddwerks Corporation.
The move, for an undisclosed sum and subject to conditions, will give Dematic access to Reddwerks’ real-time decision engines that optimise material and information flow in the supply chain.
“We are delighted with the prospect of Reddwerks joining the Dematic family, which will allow us to offer the marketplace a unique and unprecedented combination of automation and software that maximises employee efficiency and minimises customer investment,” Dematic president and CEO Ulf Henriksson says.
“Reddwerks’ proprietary Distribution Science methodology, founded on operations research, and modular product suite offer customers a new level of performance and efficiency in today’s competitive supply chain.”
Upon completion of the acquisition, Reddwerks will operate as a subsidiary called Dematic Reddwerks.
“The global supply chain needs to be flexible, responsive and agile, empowered to deliver goods to consumers on demand,” Henriksson says.
“Retailers and manufacturers need to be positioned to respond to this dynamic demand.
“The only way to effectively achieve responsive order fulfilment is through an automated supply chain, powered by comprehensive real-time software.
“Traditional batch processing cannot sufficiently respond to either the operational variability or the speed required.”