Wednesday, 12 August 2015 11:00

Infor expands with GT Nexus acquisition

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ERP vendor Infor is to acquire the GT Nexus commerce platform.

Infor is to acquire GT Nexus in a US$675 million deal.

GT Nexus's system coordinates commerce across partners, allowing retail, fashion and manufacturing companies to collaborate with suppliers to manage and optimise shipments to customers, distribution centres and retail outlets to meet demand.

It allows order information to be transmitted to suppliers, financial institutions, freight carriers, and logistics providers.

GT Nexus customers include Caterpillar, Columbia Sportswear, DHL, Levi Strauss & Co., Maersk, Pfizer, Procter & Gamble and UPS.

Many of the 3,200 fashion and retail businesses using Infor CloudSuite also use GT Nexus.

When the two systems are combined, they will be able to use merchandising, marketing and demand data instead of extrapolated forecasts for improved sales, operations and production planning.

Other Infor products that can be brought to bear include Ming.le for social collaboration on unstructured processes.

GT Nexus integration will also assist in collaborative design through the transmission of work-in-progress updates as well as any bill of materials changes from Infor Product Lifecycle Management.

"Together, Infor and GT Nexus will provide customers with unprecedented visibility into their supply chains to manage production and monitor goods in transit and at rest," said Infor CEO Charles Phillips.

"In a complex, high velocity supply chain, all partners need to know what was ordered, when it was built, where it is in transit, if the order has changed, and has it cleared customs.

"Specialisation and speed are moving the future of manufacturing into the commerce cloud."

GT Nexus CEO Sean Feeney said "Infor is a great home for GT Nexus, and we're excited to join forces with a company with a strong manufacturing, retail, and supply chain pedigree."

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