GT Nexus

GT Nexus

Type	Private
Industry	Supply Chain Management Global Trade Automation Enterprise Software
Founded	1998
Founder	Aaron Sasson Kurt Cavano[1][2][3]
Headquarters	Oakland, California, United States
Products	Supply Chain Visibility, Supply Chain Intelligence, Factory Management, Transportation Management, Inventory Management, Supply Collaboration, Procure to Pay, Supply Chain Finance, Trade Xpress
Website	www.gtnexus.com

GT Nexus, is a privately owned cloud supply chain platform, founded in 1998 in Oakland, California. It runs an on-demand global supply chain management platform that is used by organizations to manage global logistics and trade processes.^[4] In September 2015, GT Nexus was acquired by Infor. Today, GT Nexus runs as a dedicated business unit of Infor.

The company operates in The Americas, Europe, and Asia with a focus on Manufacturing and Retail including companies in Pharma, High Tech, Automotive, CPG, Apparel, and Footwear. Logistics Services Providers, Financial Services Providers, and Suppliers are also part of the GT Nexus network. Its customers include Brooks Brothers,^[5] Sears,^[6] Adidas, Procter & Gamble,^[7] Del Monte Foods,^[8][9] Caterpillar Inc.,^[10] Koch Industries,^[11] Abercrombie & Fitch,^[12] and Home Depot.^[13]

History

• 1998 – Founded in Alameda, CA as Tradiant.^[14]
• 2001 - Renamed GT Nexus from Tradiant.^[15]
• 2008 – Acquired Metaship,^[16] a provider of logistics management technology.
• 2013 – Merged with TradeCard. Joint company employs about 1,000 people,^[17] and serves about 20,000 businesses in manufacturing, retail, and logistics.^[18]
• 2014 - Acquired Clear Abacus, a cloud-based solution that optimizes multimodal transportation planning.
• 2015 - Acquired by Infor,^[19][20][21] a technology company delivering industry-specific cloud suites. The deal, valued at $675 million,^[22] closed on September 21, 2015.^[23]

Products

GT Nexus products are used by importers, exporters, logistics providers, and financial institutions to manage the flow of inventory, transactions, and information related to global trade. All capabilities are delivered in the cloud with a subscription pricing model.

The platform includes:

• Supply Chain Visibility^{[24][25][26][27][28]}
• Supply Chain Intelligence
• Factory Management^[29]
• Transportation Management^[30]
• Inventory Management^[31]
• Supply Collaboration
• Procure-to-pay^[32][33]
• Supply Chain Finance^[34][35]
• Trade Xpress

Competitors include SAP, Descartes, Oracle,^[36] and IBM.^[37]

See also

• Supply chain management
• Supply chain management software
• Supply chain network
• Transportation management system
• Vendor relationship management

References

1. ↑ "GT Nexus: Moving Supply Chains to the Cloud". 2014-04-22. 
2. ↑ "Technology Every CEO Needs to Know". Sourcing Journal. 2015-04-30. 
3. ↑ "Facebook Should Have Purchased GT Nexus And Move Supply-Chains To The Cloud". TalkMarkets. 2014-03-26. 
4. ↑ "GT Nexus reports record transportation bid activity on global logistics portal". Market Wire. 2006-07-18. Retrieved 2007-07-18. 
5. ↑ "Brooks Brothers Expands Procure to Pay Cloud Footprint on GT Nexus". Yahoo Finance. 2015-02-25. Retrieved 2015-03-26. 
6. ↑ "Sears Expands Use of GT Nexus Globally". Market Wire. 2007-04-12. Retrieved 2007-04-12. 
7. ↑ "Procter & Gamble Expands Contract with GT Nexus". Supply & Demand Chain Executive. 2013-10-04. 
8. ↑ "Del Monte Foods Selects GT Nexus". Market Wire. 2007-09-26. Retrieved 2007-09-26. 
9. ↑ "Del Monte to use GT Nexus for visibility". American Shipper. 2015-09-11. 
10. ↑ "Visibility through CAT's eyes". American Shipper. 2011-11-23. 
11. ↑ "Koch Industries Deploys Supply Chain Services From GT Nexus". Reuters. 2015-07-30. 
12. ↑ "Abercrombie & Fitch Renews Contract With GT Nexus, Expands Commitment to Cloud Supply Chain". Yahoo! Finance. 2015-09-24. 
13. ↑ "GT Nexus wins Home Depot contract". san Francisco Business Times. 2002-05-13. 
14. ↑ "Merger is a win for Oakland". San Francisco Business Times. 2013-01-18. 
15. ↑ "Tradiant's Global Transportation Network Becomes GT Nexus, Emphasizing Connectivity". Gartner. 2001-04-09. 
16. ↑ "GT Nexus buys Metaship". Trade Publication. 2008-01-01. 
17. ↑ "Merger is a win for Oakland". San Francisco Business Times. 2013-01-18. 
18. ↑ "GT Nexus and TradeCard merging". San Francisco Business Times. 2013-01-08. 
19. ↑ "Infor Buys Supply Chain Management Firm GT Nexus". The Wall Street Journal. 2015-08-11. 
20. ↑ "Infor acquires GT Nexus to bolster supply chain offerings". Constellation Research. 2015-08-11. 
21. ↑ "Introducing the world's first #CommerceCloud". Infor. 2015-09-21. 
22. ↑ "Cloud upstart Infor pays $675 million for commerce platform". Fortune. 2015-08-11. 
23. ↑ "Infor's $675 million acquisition of GT Nexus is official". Logistics Management. 2015-09-23. 
24. ↑ "Del Monte to use GT Nexus for visibility". American Shipper. 2015-09-11. 
25. ↑ "Visibility through CAT's eyes". American Shipper. 2011-11-23. 
26. ↑ "Koch Industries Deploys Supply Chain Services From GT Nexus". Reuters. 2015-07-30. 
27. ↑ "Lenovo Expands Commitment to Supply Chain Visibility With GT Nexus". MarketWatch. 2015-06-10. 
28. ↑ "Stella & Dot selects GT Nexus for supply chain visibility". Chain Store Age. 2014-01-16. 
29. ↑ "The Children's Place selects GT Nexus platform to support business growth". Chain Store Age. 2013-10-30. 
30. ↑ "British American Tobacco Renews Contract With GT Nexus". MarketWatch. 2015-03-31. 
31. ↑ "Gap goes seamless with inventory management". Chain Store Age. 2015-07-24. 
32. ↑ "billabong deploys cloud-based supply chain tool". just-style. 2015-01-14. 
33. ↑ "Topson Downs to use GT Nexus for purchase orders, visibility". American Shipper. 2013-10-04. 
34. ↑ "Financing the Supply Chain with Big Data". Supply & Demand Chain Executive. 2015-07-28. 
35. ↑ "GT Nexus Unveils Supplier Cash Flow program". PYMNTS. 2015-06-11. 
36. ↑ "GT Nexus Unveils Supplier Cash Flow program". PYMNTS. 2015-06-11. 
37. ↑ "Will SAP's purchase of SmartOps' inventory optimization software deliver?". TechTarget. Retrieved 2013-12-22. 

External links

• Official Site