ATLANTA - Deposco , the industry’s leading authority on next-generation supply chain solutions for manufacturers, distributors, retailers and third party logistics providers, today announced the completion of a strategic investment with the UPS Strategic Enterprise Fund. This marks the first strategic investment for the rapidly growing supply chain solutions provider.“We are pleased to have UPS, one of the most influential logistics solutions providers in the world, as an investor,” said Chris Clark, Chief Executive Officer and President of Deposco. “Their knowledge and operational experience in logistics and supply chain management will greatly enhance Deposco’s ability to deliver superior technology to the supply chain solutions marketplace.”
Software-as-a-service (SaaS) is a rapidly growing market that enables businesses to reap the benefits of software solutions without cost and complexity normally associated with these solutions. Deposco’s next generation on-demand suite combines solutions like warehouse management and inventory management, with the latest business intelligence, business process management and workforce mobility. Unlike solutions of the past, Deposco’s suite is designed with the extended enterprise in mind, enabling quick and easy sharing of information with trading partners.
“Many UPS customers are small to medium-sized businesses that suffer from the same supply chain challenges as their larger counterparts,” said Alan Koenning, UPS Strategic Enterprise Fund manager. “Our investment in Deposco will give us insight into how these firms can improve their performance with simpler, more affordable supply chain solutions delivered via the Internet.”
About Deposco
Deposco offers next-generation supply chain solutions to manufacturers, distributors, retailers and 3PL’s. Past supply chain solutions were limiting due to their expense, closed architecture, lack of mobility, and inability to share with partners. Our SaaS delivery model, rapid implementation and easy customization drive quick ROI with minimal up-front investment. Now, any size company can reduce cost while streamlining their supply chain and improving service levels. For more information, please call 877-770-1110.
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