Subscribe to our free, weekly email newsletter!


RedPrairie acquires SofTechnics

The acquisition adds mobility-enabled store inventory and price management, intelligent store ordering, direct-store delivery and master data management to RedPrairie’s solution set.
By Modern Materials Handling Staff
January 10, 2011

RedPrairie, a productivity solutions provider, announced today that it has finalized the acquisition of SofTechnics, a leading provider of integrated retail enterprise solutions that has been serving customers for more than 20 years. The acquisition merges the strengths of two highly complementary organizations, and provides a logical extension to RedPrairie’s E²e productivity suite.  SofTechnics’ software portfolio adds mobility-enabled store inventory and price management, intelligent store ordering, direct-store delivery and master data management to RedPrairie’s solution set.

Serving 24 of the top 75 supermarket chains in the U.S., SofTechnics is recognized as a leading provider of mobile price and inventory management solutions for grocery and general retailers.  The acquisition strengthens RedPrairie’s retail platform with proven functionality that will benefit customers with reduced operating costs from advanced store inventory and labor management planning.

“The continued functional expansion and enhancement of our retail platform allows us to provide customers with a broader and more flexible array of solutions for the challenges they face every day,” said Mike Mayoras, RedPrairie’s CEO.

Guy Dille, former president of SofTechnics and now senior vice president, retail for RedPrairie, added, “Our company is proud of its successful history in retail. Joining RedPrairie allows us to draw from an even wider pool of resources to continue providing our customers with the tools for success and quality of service they have come to expect from us.”

“The SofTechnics suite of fully-integrated software solutions has helped many leading retailers manage inventory, reduce operating costs, improve business operations and dramatically increase productivity. Their experience in the retail vertical will provide a new wealth of knowledge to RedPrairie’s already-successful operations within this space,” Mayoras continued.


RedPrairie finalizes SofTechnics acquisition
Supply chain software provider RedPrairie said it has finalized its acquisition of SofTechnics, a provider of retail enterprise services.

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

Supply chain visibility is the Holy Grail for warehouses and distribution centers where the fast and efficient movement of goods is the solution to satisfying customer demand. This is especially true for the 68% of companies which are not satisfied with material movement efficiency from source to destination. These companies are seeking new ways to get the right goods to the right place at the right time. They are finding that change, complexity, compliance, competition, and connectivity are leading to further confusion.

Instead of ignoring a forklift fleet and its associated costs, asking the right questions can lead to substantial savings.

This white paper outlines five ways to increase profits with automation. By implementing automated storage and retrieval equipment-such as horizontal carousels, vertical carousels and vertical lift modules, multiple areas of a manufacturing or distribution facility will benefit from savings in inventory accessibility, floor space, time, improved ergonomics and better accuracy.

Citing difficult winter weather, executives anticipate the release of pent-up demand.

First edition takes place in Nairobi, Kenya, Sept. 9-12, 2014.



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