WTC acquires global WMS provider Microlistics
Sydney, Dec 13, 2017 AEST (ABN Newswire) - WiseTech Global (
ASX:WTC) today announced the acquisition of Microlistics, a leading provider of warehouse management solutions encompassing enterprise, express, cold storage and third party logistics.
Microlistics provides its warehouse management solutions to customers across Asia-Pacific, North America and the Middle East, including Linfox, Mitre 10, ESAB, Thomas Foods International, Berli Jucker Logistics, Spotlight Retail Group, Brand Collective, Concept Logistics, Nick Scali, Russell Corporation, TT Logistics, TNT Express Logistics, and many other leading supply chain organisations.
WiseTech Global CEO, Richard White, said "With the impact of ecommerce and advances in automation, warehouse management is an increasingly complex and specialised part of the international supply chain. The combined strength of WiseTech's global innovation capabilities and our CargoWise One supply chain execution platform integrated with Microlistics' powerful warehouse solutions for enterprise, express, third party logistics and cold storage will provide significant benefit to logistics providers."
"WiseTech is uniquely well-placed to deliver the technology convergence and deep integration necessary to facilitate omni-channel, multi-modal movements across the supply chain - of which warehousing is a critical component. Ultimately the native embedding of Microlistics leading WMS solutions into our integrated CargoWise One platform operating across 125 countries will substantially increase productivity for local and global logistics providers and their customers."
Microlistics' leading-edge software development, its deep domain knowledge of warehousing, rapid deployment, data analytics and reporting capabilities significantly improves customers' warehouse and business operations. In 2017, Gartner recognised Microlistics WMS in its selection of leading systems worldwide.
Microlistics Founder and Managing Director, Mark Dawson, said "Joining the WiseTech Global group, is a key part of our evolution. With the global strength and powerful innovation capability of WiseTech, and our WMS expertise, together we will accelerate development of high productivity WMS to bring significant new benefits to the logistics industry. Microlistics will remained focused on warehouse management solutions and we can leverage WiseTech's global reach, resources and the CargoWise One platform, which for our customers will mean the opportunity for end-to-end execution, control and visibility of the supply chain."
Remaining under the leadership of Mark Dawson, Microlistics will continue to develop and deliver its warehouse management solutions directly to its worldwide customers, and potentially to the 7,000 logistics providers across 125 countries who utilise WiseTech's integrated supply chain execution solutions.
Along with our recent acquisitions in Brazil, Germany, Italy, Taiwan, North America and the Netherlands, the addition of Microlistics to the WiseTech Global group is in line with our stated strategy of accelerating long-term organic growth through targeted, valuable acquisitions across new geographies and larger, globally capable adjacencies.
WiseTech's global integrated platform, CargoWise One, enables logistics service providers to execute highly complex transactions in areas such as freight forwarding, customs clearance, warehousing, shipping, land transport and cross-border compliance and to manage their operations on one database across multiple users, functions, countries, languages and currencies.
About Microlistics
Founded in 1994, Microlistics is a leading warehouse management solutions company working with customers across Australia, Asia Pacific, North America and the Middle East. Headquartered in Melbourne, Australia, with a team of 45 people, Microlistics provides warehouse management solutions to small businesses to middle size international companies to departments within large multinational companies. Microlistics provides its solutions to customers including Linfox, G&S Logistics, ESAB, Thomas Foods International, Berli Jucker Logistics, Spotlight Retail Group, Brand Collective, Concept Logistics, Russell Corporation, TT Logistics and TNT Express Logistics.
Microlistics has four product lines: WMS Enterprise, its fully integrated flagship solution; WMS Chilled, its cold storage solution; WMS 3PL, its multi-site and multi-client 3PL solution; and WMS Express, its pre-configured, rapid implementation solution.
In 2017, Microlistics WMS is included in the Gartner Magic Quadrant for Warehouse Management Systems (see Note below) representing a selection of leading systems worldwide with Gartner noting Microlistics founders' deep, long-term expertise and the system capabilities in 3PL and cold storage.
For more information about Microlistics visit http://www.microlistics.com.au
Note: Gartner Magic Quadrant for Warehouse Management System, February 2017.
About WiseTech Global Ltd
WiseTech Global Ltd (ASX:WTC) is a leading developer and provider of software solutions to the logistics execution industry globally. Our customers include over 17,000 of the world's logistics companies across 160 countries, including 41 of the top 50 global thirdparty logistics providers and all of the 25 largest global freight forwarders worldwide2. Our flagship platform, CargoWise, forms an integral link in the global supply chain and executes over 50 billion data transactions annually.
At WiseTech, we are relentless about innovation, adding over 4,000 product enhancements to our global platform in the past five years while bringing meaningful continual improvement to the world's supply chains. Our breakthrough software solutions are renowned for their powerful productivity, extensive functionality, comprehensive integration, deep compliance capabilities, and truly global reach.
For more information about WiseTech Global or CargoWise, please visit wisetechglobal.com and cargowise.com
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