LogFire manages over 86 million transactions to date in 2015Friday, August 28, 2015
Company achieves 120 percent YOY client growth in Q1 & Q2, establishes integration with Oracle Transportation Management Cloud and continues to expand global reach
LogFire, the leading cloud-based provider of supply chain fulfillment solutions, announced today that more than 86 million order lines were shipped through the company’s cloud-based digital fulfillment network to date in 2015.
The company also announced this year a major integration with Oracle’s Transportation Management Cloud and subsequent creation of the supply chain industry’s first, 100 percent cloud-based, supply chain execution convergence solution.
Other significant first half achievements include:
— Addition of key retailers across Latin America
— Management of a WMS merger of the two largest ecommerce vendors in Africa
— Addition of a major U.S. manufacturing consumer goods facility
— Expansion of its Canadian presence
— Addition of a major retailer and 3PL (Third-Party Logistics Provider) in China
LogFire has continued its spectacular growth in Latin American markets in particular. Penetration in LATAM markets has risen over 200 percent the last several years, and the company is now active across the region, including in Colombia, Bolivia, Chile and Peru, with implementations established at most of those countries’ major retailers.
In describing the continued growth and the Oracle Transportation Management Cloud integration, LogFire CEO Diego Pantoja-Navajas said, “From Latin America to the United States, Canada, South Africa and into Asia, global retailers are embracing LogFire’s digital fulfillment network in order to implement successful omni-channel strategies. Global retailers understand the need for total visibility and accountability in their backrooms and showrooms and the value that our joint customers can leverage.”
LogFire’s client growth of 120 percent during the first half of 2015 over the prior year underscores the growing demand for cloud-based supply chain execution solutions as global, marquee brands begin to make the switch from on-premise solutions. “Not only does the LogFire digital fulfillment network implement in a fraction of the time as traditional on-premise solutions, but our customers are always on the latest version and avoid the expensive and disruptive re-implementation process during each upgrade,” said Pantoja-Navajas.
With LogFire, inventory data across the fulfillment network is clean, accurate and in real time. Digital perpetual inventory signals are now a reality at the store level providing total inventory visibility in the store.
In its latest 2014 Magic Quadrant for Warehouse Management Systems (WMS) report, Gartner Inc. recognized LogFire’s cloud-based WMS solutions as “Visionary.” Gartner, the world’s leading information technology research and advisory company, positions vendors based on completeness of vision and ability to execute within the WMS market. To download a copy of the report, go to Magic Quadrant for Warehouse Management Systems.