Effective strategy during recessionary period enables significant growth for company in growing logistics market
MILWAUKEE, Wis. - RedPrairie Corporation, a productivity software provider, has been named the top Warehouse Management solutions vendor for the 2008 third-party logistics (3PL) market by ARC Advisory Group. ARC's Warehouse Management Systems Worldwide Outlook report discussed the ranking, and cited the 3PL industry in general as a recession-resilient market, showing consistent growth during the economic downturn.
"RedPrairie held the greatest WMS market share of a 3PL industry that showed significant growth in 2008," says Steve Banker, ARC Advisory Group Director Supply Chain Management. "The logistics sector weathers the recession fairly well, and of all the significant verticals into which WMS is sold, it will hold up the best."
"We view our business as a combination of people, process, and technology. RedPrairie's products serve as the enabling technology in many of our finest operations," says John Gilbert, CEO Exel Americas. "As a result of our joint efforts with RedPrairie, we have been able to increase our operational efficiencies, improve order accuracy and exceed our service obligations. Given the experience we've had with RedPrairie over the past 15 years, it comes as little surprise they remain on top of the 3PL market as a whole."
In addition to RedPrairie's ranking in the 3PL market, the company also earned ARC's top billing as WMS provider for the following verticals:
o Electronics & Electrical Manufacturing
o Food & Beverage Manufacturers
o Household & Personal Care Manufacturers
o Electronics Retailers
"RedPrairie has positioned itself as a leader in key verticals across distribution, retailing, and manufacturing," says RedPrairie CEO Mike Mayoras. "The strategies we employed in 2008 will continue to evolve as we work through 2009, providing our customers with unparalleled service in their inventory, transportation and workforce operations."
ABOUT REDPRAIRIE CORPORATION
RedPrairie delivers productivity solutions to help companies around the world in three categories - inventory, transportation and workforce. RedPrairie provides these solutions to manufacturers, distributors and retailers looking to reduce cost, increase sales and create competitive advantage.
With over 20 global offices providing services to over 40,000 sites in 50 countries, companies trust RedPrairie inventory, workforce and transportation solutions to deliver an immediate increase in productivity - with the flexibility to adapt as business needs change.
At RedPrairie, we understand today's operational demands and we're committed to delivering solutions that work. We're committed to delivering solutions for the real world.
For additional information, call 1.877.733.7724, or visit RedPrairie.com.