GT Nexus

Last updated
Infor Nexus
TypePrivate
Industry Supply-chain management
Global trade automation
Enterprise software
Founded1998
Founder
  • Aaron Sasson
  • John Urban
  • Greg Johnsen
  • Anil Nair
Headquarters Oakland, 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
Owner Infor
Website www.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]

Contents

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

Products

Infor 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. [23] [24]

The platform includes:

Competitors include SAP, Descartes, Oracle, [37] and IBM. [38]

See also

Related Research Articles

<span class="mw-page-title-main">Supply chain management</span> Management of the flow of goods and services

In commerce, supply chain management (SCM) deals with a system of procurement, operations management, logistics and marketing channels so that the raw materials can be converted into a finished product and delivered to the end customer. A more narrow definition of the supply chain management is the "design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronising supply with demand and measuring performance globally".This can include the movement and storage of raw materials, work-in-process inventory, finished goods, and end to end order fulfilment from the point of origin to the point of consumption. Interconnected, interrelated or interlinked networks, channels and node businesses combine in the provision of products and services required by end customers in a supply chain.

<span class="mw-page-title-main">Supply chain</span> System involved in supplying a product or service to a consumer

A supply chain is a complex logistics system that consists of facilities that convert raw materials into finished products which are later distributed to end consumers or end customers. Meanwhile, supply chain management deals with the flow of goods within the supply chain in the most efficient manner.

<span class="mw-page-title-main">Ryder</span> American transportation company

Ryder System, Inc., commonly known as Ryder, is an American transportation and logistics company. It is known for its fleet of commercial rental trucks.

Vendor-managed inventory (VMI) is an inventory management practice in which a supplier of goods, usually the manufacturer, is responsible for optimizing the inventory held by a distributor.

<span class="mw-page-title-main">QAD Inc.</span> Software company

QAD Inc. is a software company that provides enterprise resource planning (ERP) software and related enterprise software to manufacturing companies. The company has customers in over 100 countries around the world.

<span class="mw-page-title-main">C. H. Robinson</span> Transportation and Logistics Company

C.H. Robinson is an American Fortune 200 provider of multimodal transportation services and third-party logistics (3PL). For 2021, it was ranked 5th in the world and 1st in the US among third-party logistics providers by gross logistics revenue/turnover. The company offers freight transportation, transportation management, brokerage and warehousing. It offers truckload, less than truckload, air freight, intermodal, and ocean transportation.

<span class="mw-page-title-main">Supply chain network</span> Evolution of the basic supply chain

A supply-chain network (SCN) is an evolution of the basic supply chain. Due to rapid technological advancement, organizations with a basic supply chain can develop this chain into a more complex structure involving a higher level of interdependence and connectivity between more organizations, this constitutes a supply-chain network.

The Automotive Industry Action Group (AIAG) is a not-for-profit association founded in 1982 and based in Southfield, Michigan. It was originally created to develop recommendations and a framework for the improvement of quality in the North American automotive industry. The association's areas of interest have expanded to include product quality standards, bar code and RFID standards, materials management, EDI, returnable containers and packaging systems, and regulatory and customs issues.

<span class="mw-page-title-main">E2open</span> Software company

e2open, LLC is a business-to-business provider of cloud-based, on-demand software for supply chains for computer, telecom and electronics systems, components and services. The company was founded in 2000 as a joint project of 8 major companies: Hitachi, IBM, LG Electronics, Matsushita, Nortel, Seagate, Solectron, and Toshiba.

<span class="mw-page-title-main">CaseStack</span> American company

CaseStack is an American company that provides supply chain management (SCM) services, including warehousing, transportation, and supply chain management software (SCMS) to consumer packaged goods companies (CPGs). It uses a proprietary software as a service platform for its collaborative retailer consolidation programs. CaseStack has been recognized in Food Logistics' Top 85 3PL Providers, Global Logistics & Supply Chain Strategies 100 Great Supply Chain Partners and Inbound Logistics' Top 100 3PL Providers.

<span class="mw-page-title-main">FedEx Supply Chain</span> American third-party logistics provider

FedEx Supply Chain, formerly known as GENCO is a major third-party logistics (3PL) provider in the United States and Canada. It serves various industries, including: technology & electronics, retail & e-commerce, consumer & industrial goods, and healthcare industries. The company was founded in the year 1898 by Hyman Shear as H. Shear Trucking Company in Pittsburgh. Currently it is a subsidiary of FedEx.

Third-party logistics is an organization's long term commitment of outsourcing its distribution services to third-party logistics businesses.

Coupa Software is a global technology platform for Business Spend Management (BSM). The company is headquartered in San Mateo, California with offices throughout Europe, Latin America, and Asia Pacific. Coupa helps companies gain visibility into and control over how they spend money, optimize supply chains, and manage liquidity.

<span class="mw-page-title-main">Supply chain finance</span>

Supply chain financing is a form of financial transaction wherein a third party facilitates an exchange by financing the supplier on the customer's behalf. Also it refers to the techniques and practices used by banks and other financial institutions to manage the capital invested into the supply chain and reduce risk for the parties involved.

<span class="mw-page-title-main">TradeCard</span>

TradeCard, Inc. was an American software company. Its main product, also called TradeCard, was a SaaS collaboration product that was designed to allow companies to manage their extended supply chains including tracking movement of goods and payments. TradeCard software helped to improve visibility, cash flow and margins for over 10,000 retailers and brands, factories and suppliers, and service providers operating in 78 countries.

<span class="mw-page-title-main">Cleo Communications</span>

Cleo Communications LLC, simply refereed to as Cleo, is a privately held software company founded in 1976.

The Descartes Systems Group Inc. is a Canadian multinational technology company specializing in logistics software, supply chain management software, and cloud-based services for logistics businesses.

Kenco Group, or Kenco, is a privately held Chattanooga, TN-based company that provides logistics services. Kenco specializes in distribution and fulfillment, transportation management, material handling services, and warehouse real estate management. The company is known for being the largest woman-owned third party logistics company in the United States. Its headquarters is located in Chattanooga, Tennessee.

Haven Inc. is a company that automates logistics for ocean freight companies. Based in Singapore, San Francisco and Basel, it manages a freight rate and logistics for large international supply chains. Haven is considered one of the pioneers of the digital revolution in shipping logistics.

<span class="mw-page-title-main">MIQ Logistics</span> Former American third party logistics company

MIQ Logistics was a third party logistics company headquartered in Overland Park, Kansas. Today, MIQ Logistics operates in global freight forwarding, customs brokerage, supply chain management, project logistics, origin consolidation, global trade management, warehouse management, and global business intelligence. With offices in North America, Asia, Europe, Africa, Australia, New Zealand, the Middle East, and Latin America.

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.
  23. "Infor acquires GT Nexus to bolster supply chain offerings". Constellation Research. 2015-08-11.
  24. "Infor Snatches GT Nexus to Deliver Global Commerce Cloud Platform". technologyevaluation.com. 2015.
  25. "Del Monte to use GT Nexus for visibility". American Shipper. 2015-09-11.
  26. "Visibility through CAT's eyes". American Shipper. 2011-11-23.
  27. "Koch Industries Deploys Supply Chain Services From GT Nexus". Reuters. 2015-07-30. Archived from the original on 2015-09-25.
  28. "Lenovo Expands Commitment to Supply Chain Visibility With GT Nexus". MarketWatch. 2015-06-10.
  29. "Stella & Dot selects GT Nexus for supply chain visibility". Chain Store Age. 2014-01-16.
  30. "The Children's Place selects GT Nexus platform to support business growth". Chain Store Age. 2013-10-30.
  31. "British American Tobacco Renews Contract With GT Nexus". MarketWatch. 2015-03-31.
  32. "Gap goes seamless with inventory management". Chain Store Age. 2015-07-24.
  33. "billabong deploys cloud-based supply chain tool". just-style. 2015-01-14.
  34. "Topson Downs to use GT Nexus for purchase orders, visibility". American Shipper. 2013-10-04.
  35. "Financing the Supply Chain with Big Data". Supply & Demand Chain Executive. 2015-07-28.
  36. "GT Nexus Unveils Supplier Cash Flow program". PYMNTS. 2015-06-11.
  37. "GT Nexus Unveils Supplier Cash Flow program". PYMNTS. 2015-06-11.
  38. "Will SAP's purchase of SmartOps' inventory optimization software deliver?". TechTarget. Retrieved 2013-12-22.