Logistics software provider Generix Group has merged with DDS, a supplier of transport management system (TMS) software, creating a pool of solutions and expertise in transport flow management and more generally supply chain management, the two French companies said.
By joining forces, the firms said they will become a global player in supply chain digitization, covering all flows of goods and data, from procurement to invoicing and payment. They plan to shape these offerings specifically for shippers and service providers, who will now be able to manage all their operations using DDS and Generix Group solutions.
Terms of the deal were not disclosed.
“Together, we will become an international leader in all supply chain segments, connecting them together to create maximum value for our customers, benefiting their organization, their execution capabilities, their data analysis and ultimately their corporate responsibility,” Aïda Collette-Sène, President and CEO of Generix Group, said in a statement. “Completely focused on our customers’ business expectations, massive technological developments are underway to make every offer a key reference and above all a preference for our customers. They are fully involved in our research to ensure optimal efficiency and perfect use of our solutions, especially via an international community of customers.”
According to Generix and DDS, customers of both companies will benefit from a 360-degree, omnichannel and collaborative offering to manage their entire supply chains “from cargo to refrigerator.” That vision will cover trade flows between players (TMS, WMS, OMS, VMI, Sourcing), information flows and financial data flows (EDI, e-invoicing, e-reporting, P2P and O2C and Incoterms management).
Together, the two companies say they have equipped nearly 2,000 warehouses with their software, handle 600 million pallets, 1 million transport operations, 2 billion EDI messages and half a billion electronic invoices each year.