Dematic Announces Agreement to Acquire Warehouse Execution Software Provider Reddwerks

The union of Dematic and Reddwerks will enable customers to accommodate ever-changing business requirements by enhancing automation technologies with ‘On Demand’ software solutions that dynamically optimize warehouse and distribution functions.

{caption}
By ·

Dematic announced today an agreement to acquire Reddwerks Corporation, a leading innovator of Warehouse Execution Software (WES) that provides customers with real-time decision engines to optimize material and information flow in the supply chain.

The acquisition, which is subject to approval by Reddwerks’ shareholders and other customary closing conditions, will enhance Dematic’s existing software suite and deliver additional value to Dematic customer solutions.

Ulf Henriksson, Dematic President and CEO stated, “The global supply chain needs to be flexible, responsive and agile, empowered to deliver goods to consumers on demand. Retailers and manufacturers need to be positioned to respond to this dynamic demand.”

“The only way to effectively achieve responsive order fulfillment 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.”

“The union of Dematic and Reddwerks will enable customers to accommodate ever-changing business requirements by enhancing automation technologies with ‘On Demand’ software solutions that dynamically optimize warehouse and distribution functions”

Ulf Henriksson, Dematic President and CEO

“The only way to effectively achieve responsive order fulfillment is through an automated supply chain”Ulf Henriksson, Dematic President and CEO

Henriksson added, “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 maximizes employee efficiency and minimizes customer investment. 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.”

Headquartered in Austin, Texas, Reddwerks provides solutions for seamless order fulfillment that help drive customer return on assets. The company offers innovation, analysis and software solutions that result in demonstrable value to both new and existing supply chain facilities.

Upon completion of the acquisition, Reddwerks will operate as a subsidiary of Dematic under the tradename Dematic Reddwerks and will continue to deliver the highest levels of quality solutions and services to Dematic and Dematic Reddwerks customers.

“Dematic is the industry leader in software and automation technologies for modern ecommerce, apparel, retail, and general merchandise supply chains. We are excited about the prospect of integrating our platform and our operational research-driven approach into Dematic offerings and delivering value to customers globally,” said Alex Ramirez, CEO, Reddwerks.

Related: UT Study Ties Distribution Management to Success in Online Business

Top White Paper Downloads:

  • Goods To Person Order Fulfillment
    Sometimes it’s better to bring the goods to the order selector than to send the selector to the goods, and for as long as there has been picking, sending a person out to get the goods has been the way to go.
  • Can You Automate Down To A Single Pick?
    The need for each-pick solutions will continue to grow – including customers that demand more customized products and individualized orders, as well as distribution or regulatory needs to track all stages of shipments large or small.
  • One Size Does Not Fit All In Multi Channel Distribution
    Handling multiple types of order profiles and/or customers out of the same building can cause wide fluctuations in capacity requirements, and many operations do not have the luxury of accommodating a consistent level of order volume and thus material flow volume.
  • Success in an Omni-Channel World - Meeting “Anytime & Anywhere” Requirements
    The omni-channel challenge represents an opportunity to re-think how inventory is deployed to optimize labor productivity, order accuracy, inventory accuracy and processing speed.

Subscribe to Modern Materials Handling Magazine!

Subscribe today. It's FREE!
Find out what the world’s most innovative companies are doing to improve productivity in their plants and distribution centers.
Start your FREE subscription today!

Latest Whitepaper
Totes keep produce fresh from field to store
A two-part reusable plastic tote features a frame that cradles produce in a recyclable, replaceable sleeve.
Download Today!
From the December 2017 Modern Materials Handling Issue
Confronting an aging materials handling system and new channels of business with new customer expectations, Rocky Brands installed a put-to-light and sortation system to ramp up fulfillment.
The Big Picture: Navigation Gets a Reboot for Automatic Vehicles
Top 20 3PL Warehouses 2017: Growth amid change
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
The State of the DC Voice Market
A lot has changed in the last 10 years, especially in voice technology. This webinar will cover the state of the voice market, review two leading voice solutions and help you gain a better understanding of the options and capabilities available today.
Register Today!
EDITORS' PICKS
System Report: Rocky Brands Sees the Light
Confronting an aging materials handling system and new channels of business with new customer...
Top 20 industrial lift truck suppliers, 2017
The top lift truck suppliers list is changing with industry acquisitions causing a dramatic...

Lodge Manufacturing: Distribution Cast in Iron
In a new facility, iPhones and a new WMS allowed cookware manufacturer Lodge to double its business...
Rochester Drug Cooperative: Robots ready for work
It’s still early stages, but Rochester Drug Cooperative is proving that mobile robotic piece...