202331 May

Made4net Acquired by Ingka Group and Announces New Global Software Rollout with IKEA

Summary

As a customer, IKEA will apply Made4net technology to significantly enhance how the retailer interacts with its consumers in a new era of omnichannel commerce, providing a more flexible way to shop, order and deliver products in a sustainable way. "Were excited to expand those capabilities for all of our customers through the increased backing of Ingka and also look forward to transforming the future of unified commerce by helping IKEAs global retail network deliver on its omnichannel fulfillment vision." "We are extremely proud of what we have accomplished with the entire Made4net team over the past couple years, meaningfully extending the companys global market position through both organic and inorganic investments," said Tom St. Geme, Director at Thompson Street Capital Partners. "Made4net has found a fantastic new home with Ingka, and the new IKEA relationship represents a transformational milestone for the company, reinforcing Made4nets commitment to building world-class supply chain software solutions for customers large and small across the globe." The companys end-to-end SCExpert™ platform offers a robust WMS solution that enables real-time inventory visibility, labor management, and equipment productivity with performance analytics that drive faster, more accurate order fulfillment and improved supply chain efficiency.

Source: Yahoo

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