GT Nexus

Infor Nexus
TypePrivate
IndustrySupply-chain management
Global trade automation
Enterprise software
Founded1998
Founder
  • Aaron Sasson
  • John Urban
  • Greg Johnsen
  • Anil Nair
HeadquartersOakland, California, United States
Area served
America
Europe
Asia
Products
  • Supply Chain Visibility
  • Supply Chain Intelligence
  • Factory Management
  • Transportation Management
  • Inventory Management
  • Supply Collaboration
  • Procure to Pay
  • Supply Chain Finance
  • App Xpress
  • Logistics
OwnerInfor
Websitewww.infor.com

Infor Nexus (formerly known as GT Nexus) is an independent business unit of Infor LLC offering a multienterprise supply chain network. The on-demand global supply chain management platform and integrated applications are used worldwide by businesses to manage global direct procurement, supplier networks, global logistics and global trade processes.[1] Founded in 1998, in Oakland, California, it merged with TradeCard in 2013, and in September 2015, GT Nexus was acquired by Infor. Today, Infor Nexus is a business unit of Infor.[2]

Infor Nexus operates in the Americas, Europe, and Asia with a focus on retail/apparel and industrial manufacturing. Customers include companies in pharmaceuticals, high-tech, automotive, CPG, apparel and footwear. Logistics service providers, financial service providers, and suppliers are also part of the Infor Nexus network. Its customers include Brooks Brothers,[3] Sears,[4] Adidas, Procter & Gamble,[5] Del Monte Foods,[6][7] Caterpillar Inc.,[8] Koch Industries,[9] Abercrombie & Fitch,[10] and Home Depot.[11]

History

GT Nexus was founded as Tradiant in Alameda, California 1998.[12] The company was renamed as GT Nexus in 2001.[13]

In 2008, the company acquired Metaship,[14] a provider of logistics management technology.

In 2013, the company merged with TradeCard. The joint company employed about 1,000 people,[15] and served about 20,000 businesses in manufacturing, retail, and logistics.[16]

In 2014, they acquired Clear Abacus, a cloud-based solution that optimizes multimodal transportation planning. A year later, GT Nexus was acquired by Infor,[17][18] a technology company delivering industry-specific cloud suites. The deal, valued at $675 million,[19] closed on September 21, 2015.[20]

In 2018, GT Nexus launched a new global trade management platform.[21] A year later, the company relaunched as Infor Nexus.[22]

See also

References

  1. ↑ "GT Nexus reports record transportation bid activity on global logistics portal". Market Wire. 2006-07-18. Retrieved 2007-07-18.
  2. ↑ "Infor acquires GT Nexus in $675m deal". American Shipper. Retrieved 2018-01-05.
  3. ↑ "Brooks Brothers Expands Procure to Pay Cloud Footprint on GT Nexus". Yahoo Finance. 2015-02-25. Retrieved 2015-03-26.
  4. ↑ "Sears Expands Use of GT Nexus Globally". Market Wire. 2007-04-12. Retrieved 2007-04-12.
  5. ↑ "Procter & Gamble Expands Contract with GT Nexus". Supply & Demand Chain Executive. 2013-10-04.
  6. ↑ "Del Monte Foods Selects GT Nexus". Market Wire. 2007-09-26. Retrieved 2007-09-26.
  7. ↑ "Del Monte to use GT Nexus for visibility". American Shipper. 2015-09-11.
  8. ↑ "Visibility through CAT's eyes". American Shipper. 2011-11-23.
  9. ↑ "Koch Industries Deploys Supply Chain Services From GT Nexus". Reuters. 2015-07-30. Archived from the original on 2015-09-25.
  10. ↑ "Abercrombie & Fitch Renews Contract With GT Nexus, Expands Commitment to Cloud Supply Chain". Yahoo! Finance. 2015-09-24.
  11. ↑ "GT Nexus wins Home Depot contract". san Francisco Business Times. 2002-05-13.
  12. ↑ "Merger is a win for Oakland". San Francisco Business Times. 2013-01-18.
  13. ↑ "Tradiant's Global Transportation Network Becomes GT Nexus, Emphasizing Connectivity". Gartner. 2001-04-09.
  14. ↑ "GT Nexus buys Metaship". Trade Publication. 2008-01-01. Archived from the original on 2015-09-27.
  15. ↑ "Merger is a win for Oakland". San Francisco Business Times. 2013-01-18.
  16. ↑ "GT Nexus and TradeCard merging". San Francisco Business Times. 2013-01-08.
  17. ↑ "Infor Buys Supply Chain Management Firm GT Nexus". The Wall Street Journal. 2015-08-11.
  18. ↑ "Introducing the world's first #CommerceCloud". Infor. 2015-09-21.
  19. ↑ "Cloud upstart Infor pays $675 million for commerce platform". Fortune. 2015-08-11.
  20. ↑ "Infor's $675 million acquisition of GT Nexus is official". Logistics Management. 2015-09-23.
  21. ↑ "GT Nexus launches new global trade management platform | Global Trade Review (GTR)". Global Trade Review (GTR). 2018-02-07. Retrieved 2018-06-26.
  22. ↑ "Infor Rebrands GT Nexus Digital Network as Infor Nexus, as it Reinvents Supply Chain | Infor (GTR)". Infor. 2019-03-21. Retrieved 2019-04-23.
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