Subscribe to our free, weekly email newsletter!


Logility acquires Optiant

By Modern Materials Handling Staff
April 01, 2010

Further strengthening Logility Voyager Solutions as a comprehensive supply chain solution, Logility (http://www.logility.com) has acquired certain assets of privately held Optiant, provider of multi-echelon supply chain optimization systems, for approximately $3.3 million in cash. Optiant's unique optimization technology helps manufacturing companies and distribution businesses free up millions of dollars in working capital trapped within their multi-echelon supply chains. Optiant improves strategic inventory policies and tactical inventory targets to produce bottom-line savings, achieve higher service levels, and mitigate the impact of supply and demand variability. Logility will incorporate the Optiant products into the Logility Voyager Solutions suite branded as Voyager Inventory Optimization. 

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!

Recent Entries

In recently issued research and data, JLL pointed out that its market data indicates rents are on the rise, with companies on the hunt for warehouse and distribution space.

New retail, rental fleet and floor plan financing solutions available in U.S. first before rolling out to Canada, Mexico, Brazil and Chile.

Equipment Leasing and Finance Association suggests favorable conditions will drive replacement and expansion spending.

The former Boesel Opera House, originally built in 1895, previously housed a bar and restaurant and was gutted by a fire in 2012.

Acquisition to boost real-time visibility features of current Wynright warehouse control systems applications.

Article Topics

News · Logility · Supply Chain Software · All topics


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA