Jump to content

GT Nexus

Add links
From Wikipedia, the free encyclopedia
This is an old revision of this page, as edited by 107.1.244.230 (talk) at 23:09, 3 June 2015. The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.
GT Nexus
Company typePrivate
IndustrySupply Chain Management
Global Trade Automation
Enterprise Software
Founded1998
HeadquartersOakland, California, USA
ProductsGT Nexus Trade and Logistics
Websitewww.gtnexus.com

GT Nexus, is a cloud supply chain platform provider,[1] founded in 1998 in Oakland, California. It runs an on-demand global supply chain management platform that is used by organizations to manage global logistics and trade processes.[2] It is the host of the annual Bridges Supply Chain Conference.[3]

The company operates in North America, Europe, Asia and South America and is focused on the Retail, Apparel, Automotive, CPG, Forest Products and logistics services industries. Its customers include Cost Plus, Inc.,[4] Brooks Brothers,[5] Sears,[6] Adidas, American Eagle Outfitters, Procter & Gamble, Del Monte Foods,[7] Caterpillar Inc. and Home Depot.

History

  • 1998 – Founded in Alameda, CA as Tradiant[8]
  • 2001 - Renamed GT Nexus from Tradiant[9]
  • 2008 – Acquired Metaship,[10] a provider of logistics management technology.
  • 2013 – Merged with TradeCard. Joint company employs about 1,000 people,[11] and serves about 20,000 businesses in manufacturing, retail and pharmaceuticals.[12]
  • 2014 - Acquired Clear Abacus, a cloud-based solution that optimizes multimodal transportation planning.

Rumored IPO / Acquisition

2014

  • Morgan Stanley hired to explore sale [13][14]
  • Facebook interested in acquisition [15]
  • SAP passed on buying GT Nexus [16]

2012

  • Investor Warburg Pincus Equity Partners (43% ownership) changes fund classification to liquidation trust [17]
  • GT Nexus positions itself for IPO [18]

2010

  • HP interested in acquisition [19]

Products

GT Nexus products are designed for importers, exporters, logistics providers and banks. The product manages the flow of inventory and information related to global trade. All capabilities are delivered on-demand, over the Web. The product is made available via a subscription pricing model. The company maintains an international network of support partners for all of its products. The competition includes SAP, Descartes, Oracle, Infor, and IBM.[20]

The platform includes:

Trade

Logistics

See also

References

  1. ^ About GT Nexus
  2. ^ "GT Nexus reports record transportation bid activity on global logistics portal". Market Wire. 2006-07-18. Retrieved 2007-07-18.
  3. ^ Bridges Conference
  4. ^ "Cost Plus World Market Deploys Global Trade and Logistics Operating Platform on GT Nexus Portal". Yahoo Finance. 2007-06-12. Retrieved 2007-06-12. [dead link]
  5. ^ "Brooks Brothers Expands Procure to Pay Cloud Footprint on GT Nexus". Yahoo Finance. 2015-02-25. Retrieved 2015-03-26.
  6. ^ "Sears Expands Use of GT Nexus Globally". Market Wire. 2007-04-12. Retrieved 2007-04-12.
  7. ^ "Del Monte Foods Selects GT Nexus". Market Wire. 2007-09-26. Retrieved 2007-09-26.
  8. ^ "Merger is a win for Oakland". San Francisco Business Times. 2013-01-18.
  9. ^ "Tradiant's Global Transportation Network Becomes GT Nexus, Emphasizing Connectivity". Gartner. 2001-04-09.
  10. ^ "GT Nexus buys Metaship". Trade Publication. 2008-01-01.
  11. ^ "Merger is a win for Oakland". San Francisco Business Times. 2013-01-18.
  12. ^ "GT Nexus and TradeCard merging". San Francisco Business Times. 2013-01-08.
  13. ^ http://www.wsj.com/articles/warburg-pincus-owned-gt-nexus-explores-sale-1415129330. {{cite news}}: Missing or empty |title= (help)
  14. ^ http://www.themiddlemarket.com/news/2-companies-for-sale-253296-1.html. {{cite news}}: Missing or empty |title= (help)
  15. ^ http://www.talkmarkets.com/content/stocks--equities/facebook-should-have-purchased-gt-nexus-and-move-supply-chains-to-the-cloud?post=41757. {{cite news}}: Missing or empty |title= (help)
  16. ^ http://www.wsj.com/articles/warburg-pincus-owned-gt-nexus-explores-sale-1415129330. {{cite news}}: Missing or empty |title= (help)
  17. ^ http://www2.co.fresno.ca.us/9200/attachments/agendas/2013/110613/Item%2016%20110613%20Private%20Market%20Equity%20Program%20Update.pdf. {{cite news}}: Missing or empty |title= (help)
  18. ^ [IPO http://logisticsviewpoints.com/2013/01/11/this-week-in-logistics-news-january-7-11-2013/ IPO http://logisticsviewpoints.com/2013/01/11/this-week-in-logistics-news-january-7-11-2013/]. {{cite news}}: Check |url= value (help); Missing or empty |title= (help)
  19. ^ http://www.cio.com/article/2413178/enterprise-software/what-s-on-hp-s-software-shopping-list-.html. {{cite news}}: Missing or empty |title= (help)
  20. ^ . TechTarget http://searchsap.techtarget.com/opinion/Will-SAPs-purchase-of-SmartOps-inventory-optimization-software-deliver. Retrieved 2013-12-22. {{cite news}}: Missing or empty |title= (help)
Retrieved from "https://en.wikipedia.org/w/index.php?title=GT_Nexus&oldid=665392439"