The move merges two technology leaders to create the first global commerce cloud with end-to-end production control and visibility.
Infor is one of the leading suppliers of enterprise resource planning (ERP) software, which syncs manufacturing so that even if a product is designed, made and shipped by different suppliers, each can coordinate the chain to orchestrate production.
GT Nexus provides a global order management system that lets retail, fashion and manufacturing companies collaborate with suppliers via the cloud to manage shipments to customers, distribution centers and retail outlets to meet demand. The company supports roughly 25,000 businesses, including clients like Adidas Group, Columbia Sportswear, DHL, Levi Strauss & Co. and Maersk.
The GT Nexus network integrates directly into buyers’ and suppliers’ order management systems. Buyers can transmit order information through GT Nexus to their suppliers, banks, freight carriers and logistics providers—in short, the company manages the master record of an order across all partners involved in processing it. The company also facilitates more than $20 billion in payments between buyers and suppliers in 90 countries and in eight currencies.
Infor has 3,200 customers, many of which already use GT Nexus. The company will add its CloudSuite multitenant technology to the GT Nexus network for further integration. Infor will also provide status updates about work-in-process orders, enable social collaboration for unstructured processes through its Ming.le platform and users will be able to leverage Infor Rhythm, the company’s omnichannel e-commerce platform for engagement and direct order flow into the commerce cloud.
With the new acquisition, retailers and brands will be able to: collaborate and coordinate across their full line of suppliers through a single global order management system; integrate merchandising, marketing and demand data instead of extrapolating forecasts for improved sales, operations and production planning; and directly coordinate payments through a commerce network.
“Together, Infor and GT Nexus will provide customers with unprecedented visibility into their supply chains to manage production and monitor goods in transit and at rest,” Infor CEO Charles Phillips, explained. “In a complex, high velocity supply chain, all partners need to know what was ordered, when it was built, where it is in transit, if the order has changed, and has it cleared customs. Specialization and speed are moving the future of manufacturing into the commerce cloud.”