Dematic, Grand Rapids, Mich., announced an agreement to acquire Reddwerks Corp., an Austin, Texas-based innovator of warehouse execution software (WES). The acquisition, which is subject to approval by Reddwerks’ shareholders and other customary closing conditions, will enhance Dematic’s existing software suite and deliver additional value to Dematic customer solutions.
“The global supply chain needs to be flexible, responsive and agile, empowered to deliver goods to consumers on demand. Retailers and manufacturers need to be positioned to respond to this dynamic demand. The only way to effectively achieve responsive order fulfillment is through an automated supply chain, powered by comprehensive real-time software. Traditional batch processing cannot sufficiently respond to either the operational variability or the speed required,” says Ulf Henriksson, Dematic president and CEO. “The union of Dematic and Reddwerks will enable customers to accommodate ever-changing business requirements by enhancing automation technologies with ‘on demand’ software solutions that dynamically optimize warehouse and distribution functions.”