GT Nexus

GT Nexus

Type	Private
Industry	Supply Chain Management Global Trade Automation Enterprise Software
Founded	1998
Headquarters	Oakland, California, USA
Products	GT Nexus Trade and Logistics
Website	www.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

• Supplier enablement
• Purchase-to-pay
• Scan and Pack (GS1-128)

Logistics

• Transportation Management
• Freight contracting (encompassing contract management, global logistics optimization, freight audit, spend management and freight procurement)
• Documentation and customs (including importer security filing)
• Business intelligence (supply chain analytics)

See also

• Cloud computing
• Collaborative planning, forecasting, and replenishment
• Collaborative software
• Regulatory compliance
• Supply chain management
• Supply chain management software
• Supply chain network
• Transportation management system
• Vendor relationship management

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. 
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.  Missing or empty |title= (help)
14. ↑ http://www.themiddlemarket.com/news/2-companies-for-sale-253296-1.html.  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.  Missing or empty |title= (help)
16. ↑ http://www.wsj.com/articles/warburg-pincus-owned-gt-nexus-explores-sale-1415129330.  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.  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/].  Missing or empty |title= (help)
19. ↑ http://www.cio.com/article/2413178/enterprise-software/what-s-on-hp-s-software-shopping-list-.html.  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.  Missing or empty |title= (help)

External links

• Official Site