IMI has acquired Millbyte Solutions, integrating WMS and TMS functionalities into a cloud-based platform to enhance operational efficiency and customer experience.
Information on the Target
IMI has announced the acquisition of Millbyte Solutions, significantly expanding its product portfolio. This acquisition introduces a cloud-based platform that integrates both Warehouse Management System (WMS) and Transportation Management System (TMS) functionalities. This integrated approach is designed to enhance operational efficiency and improve service delivery.
With the combination of WMS and TMS capabilities, IMI aims to elevate the consumer experience by reducing manual interventions and providing greater visibility and control over logistics flows and product management.
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Industry Overview in the Target's Specific Country
The logistics and supply chain management industry has been experiencing robust growth in recent years, driven by the increasing demand for efficient transportation and warehousing solutions. As e-commerce continues to flourish, bus
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IMI
invested in
Millbyte Solutions
in 2022
in a Buy & Build / Roll-Up deal