Fortna announces acquisition of Optricity

The move expands Fortna’s warehouse optimization, analysis and performance improvement offering.

Subscriber: Log Out

Fortna, a consulting, engineering services and software company for warehousing and distribution, announces that it has acquired Optricity, a warehouse optimization, analysis and performance improvement software company. The Optricity management team will join the Fortna organization following the transaction, positioned to serve the newly combined global client base.

Committed to solving the most difficult distribution challenges, the Fortna | Optricity offering will provide clients with an immediate ability to improve the speed and accuracy of order fulfillment capabilities. Leveraging the additive result of the Fortna and Optricity proprietary algorithms, the software offering optimizes picking performance by enabling labor to pick the right SKU at the right time from the right location. The result is responsive order fulfillment that meets the ever-growing demands of e-commerce.

Rob McKeel, Fortna, CEO, states, “I’m excited to bring together the talented Fortna and Optricity teams, uniting the combined science-based approaches to problem solving. We look forward to partnering with our clients to optimize product placement, improve efficiencies, maximize space utilization and reduce travel within the four walls.” McKeel continues, “The Fortna | Optricity solution will enable companies to enhance the management of daily operations, minimize inventory volatility and amplify their ability to maintain their brand promise of fast and accurate fulfillment – achieving the new normal for distribution success.”

The acquisition of Optricity allows Fortna to further build upon its global presence and expand its offering to its growing global client base. Fortna will leverage the Optricity software experts to expand its Science and Technology Center of Innovation with additional industrial engineering algorithmic expertise and business case acumen. In addition, the growing team of distribution specialists will continue to design and deliver the industry’s leading software to dynamically manage inventory and provide the real-time decision-making data required to optimize performance in client facilities.

Dan Basmajian, CEO, Optricity, states, “We are excited to join the Fortna family of distribution experts and combine a deep bench of talent to elevate distribution processes across the globe. We look forward to infusing positive impact with our algorithm-driven inventory optimization software that delivers improvement to comprehensive operations and enables organizations to meet and exceed ever-changing fulfillment expectations.”

SC
MR

Latest Podcast
Frictionless Videocast: AI and Digital Supply Chains with SAP’s Darcy MacClaren
Listen as Darcy MacClaren, Chief Revenue Officer, SAP Digital Supply Chain, and Rosemary Coates, Executive Director of the Reshoring Institute,…
Listen in

About the Author

Gary Forger, SVP
Gary Forger

Gary Forger is Digital Editor - SCMR.com, and a contributing editor to Modern Materials Handling. He can be reached at [email protected].

View Gary's author profile.

Subscribe

Supply Chain Management Review delivers the best industry content.
Subscribe today and get full access to all of Supply Chain Management Review’s exclusive content, email newsletters, premium resources and in-depth, comprehensive feature articles written by the industry's top experts on the subjects that matter most to supply chain professionals.
×

Search

Search

Sourcing & Procurement

Inventory Management Risk Management Global Trade Ports & Shipping

Business Management

Supply Chain TMS WMS 3PL Government & Regulation Sustainability Finance

Software & Technology

Artificial Intelligence Automation Cloud IoT Robotics Software

The Academy

Executive Education Associations Institutions Universities & Colleges

Resources

Podcasts Webcasts Companies Visionaries White Papers Special Reports Premiums Magazine Archive

Subscribe

SCMR Magazine Newsletters Magazine Archives Customer Service