RedPrairie Holding Inc., a Waukesha, Wisc.-based provider of inventory, warehouse, transportation and workforce management systems has acquired Smartturn Inc., an Oakland, Calif.-based provider of on-demand inventory and WMS. No financial terms were disclosed. RedPrairie recently was acquired by New Mountain Capital, while SmartTurn has raised around $5 million from Emergence Capital Partners and New Enterprise Associates.
RedPrairie Corporation, a productivity solutions provider, today announced it has completed the acquisition of SmartTurn, the leading on-demand inventory and WMS provider. The acquisition adds a multi-tenant software-as-a-service (SaaS) WMS to RedPrairie’s E²e™ productivity suite and creates the only software company with a WMS solution for distribution operations of all sizes and levels of complexity. With the flexibility to provide a WMS solution for any distribution operation, RedPrairie can now also provide increased visibility and collaboration between large distribution operations and their partner hubs that are too small for a traditional WMS.
SmartTurn’s Inventory and WMS solution, which is running at more than 200 facilities, will be rebranded as RedPrairie’s On-Demand WMS and will focus on less complex distribution operations with rapid implementation demands and flexible pricing model requirements.
“The continued growth and emphasis in supply chain execution requires that all companies, regardless of size, have access to technologically advanced inventory and WMS solutions,” says Mike Mayoras, RedPrairie CEO.
Adds Jim Burleigh, CEO of SmartTurn, “Our experience has shown that companies everywhere are depending on better inventory controls to improve their productivity. We are excited to join RedPrairie and are looking forward to continuing to build on the success of our on-demand WMS.”
Continues Mayoras, “SmartTurn has done an incredible job creating a robust on-demand WMS that can be implemented quickly at an attractive price point for companies with less complex distribution operations. When connected with our flagship WMS and other modules, we believe existing barriers to collaboration with supply partners will be erased, as large and small companies have greater visibility into their supply chain networks.”
For a more in depth view on what this acquisition means for existing and prospective RedPrairie and SmartTurn customers, an interview with Mayoras and Burleigh can be found at www.redprairie.com/ondemandWMS. Both executives are presenting today at RedPrairie’s 13th annual user conference, RedShift, in Orlando, Fla.
SmartTurn™ Inventory and Warehouse Management System and the SmartTurn Inventory Grid™ are true on-demand warehouse management systems to provide enterprise class functionality at a fraction of the cost of traditional license and install software. Designed for quick implementation, ease-of-use, real-time inventory accuracy and warehouses performance, the SmartTurn system provides visibility on every item across single or multiple warehouses. Founded on the premise that software should be smart, simple and safe, SmartTurn’s customers span the value chain of most industries to include manufacturers, wholesalers as well as 3PLs. More information can be found at www.smartturn.com.
About RedPrairie Corporation
RedPrairie delivers productivity solutions to help companies around the world in three categories – workforce, inventory and transportation. RedPrairie provides these solutions to manufacturers, distributors and retailers looking to support business strategies that increase revenue, reduce costs and create competitive advantage.
With over 20 global offices and solutions that are installed at more than 34,000 customer sites in over 40 countries, companies trust RedPrairie workforce, inventory and transportation solutions to deliver an increase in productivity – with the flexibility to adapt as business needs change.
At RedPrairie, we understand today’s operational demands and we’re committed to delivering solutions that work. We’re committed to delivering solutions for the real world.
For additional information, call 1.877.733.7724, or visit RedPrairie.com.