Logistics Equipment Manufacturer Releases Cloud-Based Inventory Management Software
GRAND RAPIDS (WWJ) – Dematic, the Grand Rapids-based United States operation of the logistics equipment manufacturer based in Luxembourg, has rolled out Dematic iQ, software that extends beyond traditional warehouse control systems into knowledge-based logistics optimization.
“With the exponential growth of digital data, we are putting ourselves at the forefront of leveraging this information to deliver actionable business intelligence,” said Ulf Henriksson, Dematic Group president and CEO.
Dematic said the software empowers businesses to manage their inventory using advanced analytics demanded by industry-driven management trends.
“Today’s order fulfillment challenges are vast. Dematic iQ presents our customers with a single logistics platform that delivers the decision support and optimization capabilities needed to improve operations on a sustainable basis,” said John Baysore, Dematic North America president and CEO. “In addition, our recent acquisition of a computerized maintenance management system extends Dematic’s reach into this area, making it easy to maximize equipment potential and operating life.”
Developed as a scalable and modular platform that will accommodate manual processes through highly automated systems, Dematic iQ addresses fulfillment center business processes with robust functional modules and cloud offerings. An advanced data management layer empowers Dematic iQ to intelligently harness and centralize data from diverse software and controls sources, delivering information in real-time via user-friendly dashboards. Built on an open architecture, Dematic iQ can integrate easily with existing infrastructures for access to logistics, data and cloud services for deployment on-site or off-premise.
“With Dematic iQ, our customers will get end-to-end solutions comprised of the optimal mix of software, services and automation technology,” said Robert Nilsson, vice president and general manager of software and supply chain intelligence at Dematic. “It provides a better user experience and delivers the real-time insight needed to make smarter decisions, lower cost and create a more efficient supply chain network.”
Dematic iQ is based upon the company’s more than 75 years of automated material handling systems development and software expertise, providing customers a single source for comprehensive fulfillment solutions that enable equipment control, access to real-time data and warehouse optimization. Today, 40 percent of the world’s retail order fulfillment is supported by Dematic systems processing over 1 billion orders per year.