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Aptean Acquires Vision(R) to Provide Cloud-Based Inventory Management Solutions
"The Vision cloud-based supply chain technology provides retailers with flexibility and agility to manage inventory levels and be more responsive to changing customer demand," said Kim Eaton, chief executive officer, Aptean. "The holistic framework of Vision technology is designed to increase efficiencies and improve customer service- key characteristics of Aptean's suite of products."
The Vision Inventory Management platform serves as a central hub for customer's business-critical data, maintaining inventory levels in real time and providing detailed analytics to drive decision-making.
"Combining Vision with Aptean will allow Vision to grow and prosper as part of a bigger software services provider and continue to provide exceptional service to Cinram clients in the future," said Steve Brown, chief executive officer, Cinram.
The Vision solutions suite includes category-wide forecasting, product level management, product mix analysis, and recommendation, replenishments, reverse logistics, customized retail solutions, and product performance reporting. All solutions can be integrated with existing management tools, and can be selected as a full package or as individual modules to address specific needs.
Cinram was represented in the transaction by Atlas Technology Group LLC.
Cinram Group Inc. (CGI), a wholly-owned affiliate of Najafi Companies (Najafi), is one of the world's largest providers of pre-recorded multimedia products and related logistics services. With facilities in North America and Europe, Cinram manufactures and distributes pre-recorded DVDs, Blu-ray Discs, CDs, and CD-ROMs for motion picture studios, music labels, publishers and computer software companies around the world. With a full range of supply chain services, Cinram guarantees products flow smoothly and profitably to consumers around the world. For more information, visitwww.cinramgroup.com.
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